Disallowance of speculation loss from trading in gold bullions ...

Court Allows Assessee's Claim for Speculation Loss in Gold Bullion Trading; Rational Business Practice Recognized.

June 22, 2015

Case Laws Income Tax AT

Disallowance of speculation loss from trading in gold bullions -assessee in fact transacted in gold and bullions in the normal course of business to earn profit. No prudent businessman will intentionally incur losses - Claim allowed - AT

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Disallowance of speculation loss from trading in gold bullions ...

Court Allows Assessee's Claim for Speculation Loss in Gold Bullion Trading; Rational Business Practice Recognized.

June 22, 2015

Case Laws Income Tax AT

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