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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Business loss or speculation loss - Explanation to Section 73 ...


Share Loss Not Classified as Speculation Loss u/s 73 for Current Assessment Year.

September 26, 2013

Case Laws     Income Tax     AT

Business loss or speculation loss - Explanation to Section 73 of the Act is not applicable. Hence, the share loss cannot be deemed to be loss from speculation business in the assessment year under consideration. - AT

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