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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Scope of section 73 for setting off - A single transaction may ...


Section 73: Offset Speculative Business Losses Against Profits; Single Transaction as Speculative Business u/s 28.

December 23, 2014

Case Laws     Income Tax     HC

Scope of section 73 for setting off - A single transaction may constitute a speculative business so as to be treated differently from other business under section 28 - HC

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