https://www.taxtmi.com/caselaws?id=31894 The High Court addressed various issues in the judgment, emphasizing transaction genuineness, loss quantification, and revised deduction claims. The Tribunal's premature focus on quantification without addressing transaction genuineness was deemed incorrect. The decisions on depreciation claims and revised deduction claims favored the assessee and were upheld. The references were disposed of with no order as to costs. en-us Tue, 06 May 2008 00:00:00 +0530 Mon, 29 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31894 The High Court addressed various issues in the judgment, emphasizing transaction genuineness, loss quantification, and revised deduction claims. The Tribunal's premature focus on quantification without addressing transaction genuineness was deemed incorrect. The decisions on depreciation claims and revised deduction claims favored the assessee and were upheld. The references were disposed of with no order as to costs. Case-Laws Income Tax Tue, 06 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31894