Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2001 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (7) TMI 282 - ITAT HYDERABAD-BExtract: .......nce. It makes no sense and has no relevance. 10. For the foregoing reasons, we uphold the findings of the revenue authorities that the loss of Rs.7,42,502 is to be regarded as loss under speculation and has to be treated accordingly for the purpose of set off and carry forward in future years. 11. In the result, appeal of the assessee is dismissed.
|