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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Business loss – Loss specifically covered u/s 73 of the Act – ...


Institutional Stock Broking Losses Deemed Business Losses Under Income Tax Act Sections 73 and 28.

April 12, 2014

Case Laws     Income Tax     AT

Business loss – Loss specifically covered u/s 73 of the Act – business activity of institutional stock broking in shares - losses are in the course of business and should be allowed as such u/s 28 - AT

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