https://www.taxtmi.com/caselaws?id=59448 The appeal involved the disallowance of a loss as speculation loss under Explanation to s. 73, with the Tribunal ruling in favor of the Revenue. On the revision under s. 263 for disallowance of proportionate expenses towards share trading activity, the Tribunal quashed the CIT's order, allowing the appeal in favor of the assessee. en-us Fri, 30 Nov 2007 00:00:00 +0530 Wed, 29 Dec 2010 17:34:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59448 The appeal involved the disallowance of a loss as speculation loss under Explanation to s. 73, with the Tribunal ruling in favor of the Revenue. On the revision under s. 263 for disallowance of proportionate expenses towards share trading activity, the Tribunal quashed the CIT's order, allowing the appeal in favor of the assessee. Case-Laws Income Tax Fri, 30 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59448