https://www.taxtmi.com/caselaws?id=300499 The Tribunal partly allowed the appeal for statistical purposes, confirming the Commissioner's decision on the issues of prorata expenses related to rental income, treatment of loss on derivatives as speculation loss, and deduction of occupancy charges. The Tribunal remitted the matter of prorata expenses back to the Assessing Officer for re-examination, upheld the treatment of loss on derivatives as speculative, and denied the deduction of occupancy charges based on relevant provisions and case law. en-us Fri, 25 Mar 2011 00:00:00 +0530 Mon, 07 Feb 2022 15:42:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300499 The Tribunal partly allowed the appeal for statistical purposes, confirming the Commissioner's decision on the issues of prorata expenses related to rental income, treatment of loss on derivatives as speculation loss, and deduction of occupancy charges. The Tribunal remitted the matter of prorata expenses back to the Assessing Officer for re-examination, upheld the treatment of loss on derivatives as speculative, and denied the deduction of occupancy charges based on relevant provisions and case law. Case-Laws Income Tax Fri, 25 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300499