https://www.taxtmi.com/caselaws?id=49268 The Supreme Court upheld the decisions disallowing speculative losses and treating the amount from the sale of family ornaments as income from an undisclosed source. The Court highlighted the significant delay in legal proceedings, spanning over twenty years, emphasizing the negative impact on the administration of justice. Despite the delays, the appeal was dismissed with costs, underscoring the importance of timely legal processes for the efficiency of the justice system. en-us Thu, 21 Oct 1965 00:00:00 +0530 Tue, 19 Aug 2014 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49268 The Supreme Court upheld the decisions disallowing speculative losses and treating the amount from the sale of family ornaments as income from an undisclosed source. The Court highlighted the significant delay in legal proceedings, spanning over twenty years, emphasizing the negative impact on the administration of justice. Despite the delays, the appeal was dismissed with costs, underscoring the importance of timely legal processes for the efficiency of the justice system. Case-Laws Income Tax Thu, 21 Oct 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49268