https://www.taxtmi.com/caselaws?id=413738 The appeal was partly allowed for statistical purposes. The Tribunal upheld the treatment of the Rs. 5 crores investment as a capital loss and confirmed the addition under Section 41(1) of the Income Tax Act. The issues regarding Lee deposits and miscellaneous deposits were remitted back to the Assessing Officer for fresh consideration. en-us Mon, 11 Oct 2021 00:00:00 +0530 Tue, 19 Oct 2021 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413738 The appeal was partly allowed for statistical purposes. The Tribunal upheld the treatment of the Rs. 5 crores investment as a capital loss and confirmed the addition under Section 41(1) of the Income Tax Act. The issues regarding Lee deposits and miscellaneous deposits were remitted back to the Assessing Officer for fresh consideration. Case-Laws Income Tax Mon, 11 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413738