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2013 (3) TMI 810

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..... r 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 off the long term capital loss against the shor .....

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..... t 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, 2013, we have refused to entertain Income Tax Ap .....

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