2013 (3) TMI 810

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... RDER 1. In this appeal by the Revenue for assessment year 2006-07, although two questions have been proposed for our consideration, since question No. (ii) does not arise from the order of the Tribunal, only question (i) is being pressed by the Revenue, which reads thus : "Whether on the facts and in the circumstances of the case and in law, the Tribunal was justified in allowing to set o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... m capital loss in terms of Section 74 of the Act by following its decision in the matter of Manali Investments v. Asstt. CIT [2011] 45 SOT 128 (URO)/10 taxmann.com 293 (Mum.). The Revenue has preferred an appeal against the order of the Tribunal in the matter of Manali Investments (supra) to this Court in appeal, being Income Tax Appeal No.1658 of 2012. By our order passed today i.e. 13th March, 2 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X