Scope of Explanation to sec. 73 – the entire transaction carried ...

Assessee's Transaction Deemed Speculative u/s 73; Loss from Derivatives Can Offset Share Trading Income.

October 28, 2014

Case Laws Income Tax AT

Scope of Explanation to sec. 73 – the entire transaction carried out by the assessee was within the umbrella of speculative transaction - There was no bar in setting off the loss arising out of derivatives from the income arising out of buying and selling of shares - AT

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Scope of Explanation to sec. 73 – the entire transaction carried ...

Assessee's Transaction Deemed Speculative u/s 73; Loss from Derivatives Can Offset Share Trading Income.

October 28, 2014

Case Laws Income Tax AT

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