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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Disallowance of loss from derivative business – assessee, having ...


Assessee's Loss Claim Allowed Despite Lack of Contract Note Knowledge; Transactions Considered Genuine.

November 4, 2013

Case Laws     Income Tax     AT

Disallowance of loss from derivative business – assessee, having lack of knowledge about the contract note, did not desire for the contract note from sub-broker - transactions found genuine - claim allowed - AT

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