Claim of Loss - purchase and sale of shares - speculation loss ...

Case Laws Income Tax

December 11, 2015

Claim of Loss - purchase and sale of shares - speculation loss or not - before application of the Explanation to section 73, aggregation of the business profit or loss is to be worked out irrespective of the fact whether it is from share delivery transaction or derivative transactions - AT

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Claim of Loss - purchase and sale of shares - speculation loss ...

Case Laws Income Tax

December 11, 2015

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Disallowance of speculation loss - Explanation to Section 73 would apply even when entire business consists of purchase and sale of shares. - AT

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