Disallowance of short- term capital loss - When the incident of ...
Case Laws Income Tax
January 4, 2016
Disallowance of short- term capital loss - When the incident of tax being sale of units occurred prior to the introduction of the bill proposing the amendment in section 94(7) then the additional tax liability cannot be fastened on the transactions of and sale of securities/units by virtue of subsequent amendment. - AT
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