1.    Dharam Pal Arora (Delhi High Court) [Related to section 43(5)]

Merely because according to the Assessing Officer the transaction done on 27.3.92 was not an act of prudence on the part of the assessee, could not be a ground to treat the loss as speculative loss.

(Click here for analysis)

(Click here for judgment) 

2. Axis IT&T Ltd (Delhi High Court) [Related to section 14A]

Proportionate expenses allowable under Section 14A of the Income Tax Act, 1961.

(Click here for analysis)

(Click here for judgment)