Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2001 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (3) TMI 33 - HC - Income TaxExtract: .......osed by the assessee. Therefore, the judgment of the Madras High Court reported in CIT v. Pathinen Grama Arya Vysya Bank Ltd. 1977 109 ITR 788, has no application. Whether a loss incurred is a trading loss or capital loss is essentially a question of fact. In the circumstances, the appeal stands dismissed with no order as to costs. C. C. expedited.
|