Amendment of section 43

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..... 2013] shall be substituted. - Clause 15 of the Bill seeks to amend section 43 of the Income- tax Act relating to definitions of certain terms relevant to income from profits and gains of business or profession. The existing provisions contained in clause (5) of section 43 define the term speculative transaction. The proviso to the said clause (5) excludes certain category of transactions as specul .....

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