2004 (8) TMI 342 - ITAT AHMEDABAD

Extract:
.......ircumstances, the expenditure would not be allowable at all to the assessee even while computing the income under the head capital gains and on the theory of indivisibility of source of income as contended by the learned counsel of the assessee. 37. In view of the above we do not find any merits in this appeal. Accordingly, the appeal is dismissed.