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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Treatment of the loss on share trading - the specified income ...


Share Trading Loss Classified as Speculative Business Loss Under Explanation to Section 73 of Income Tax Act.

May 29, 2015

Case Laws     Income Tax     AT

Treatment of the loss on share trading - the specified income under Explanation to section 73 - the said loss is a loss from a speculation business in terms of Explanation to section 73, and is to be treated as such. - AT

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