TMI BlogDepartment Must Maintain Consistent Tax Stance on Speculative Losses and Proportionate Expenses, Citing Case Law for Guidance.Speculative loss - Setting off the Brought Forward Losses – Proportionate Expenses - The department cannot take different stand on the year under consideration as principle of consistency has to be followed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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