https://www.taxtmi.com/caselaws?id=58997 The ITAT BOMBAY-D allowed the appeal, ruling in favor of the assessee's right to choose the set off of short-term capital loss against long-term capital gains. The Tribunal held that the assessee should be allowed to exercise the option afresh based on subsequent advice, emphasizing the importance of providing maximum benefit to the assessee in line with legal principles and precedents. en-us Tue, 28 Jul 1981 00:00:00 +0530 Thu, 23 Dec 2010 14:38:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58997 The ITAT BOMBAY-D allowed the appeal, ruling in favor of the assessee's right to choose the set off of short-term capital loss against long-term capital gains. The Tribunal held that the assessee should be allowed to exercise the option afresh based on subsequent advice, emphasizing the importance of providing maximum benefit to the assessee in line with legal principles and precedents. Case-Laws Income Tax Tue, 28 Jul 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58997