Jobbing and arbitrage - The loss sustained by the assessee is a ...

Case Laws Income Tax

February 11, 2015

Jobbing and arbitrage - The loss sustained by the assessee is a business loss which can be set off against the income from the other sources. Therefore, the prohibition under section 73 of the Act is attracted only to set off the loss in a speculative business against the profit from other business - HC

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Jobbing and arbitrage - The loss sustained by the assessee is a ...

Case Laws Income Tax

February 11, 2015

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