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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

The transaction undertaken for the sale & purchase of the shares ...


F&O Share Transactions to Prevent Losses Not Deemed Speculative, Clarifies Tax Rule.

October 29, 2016

Case Laws     Income Tax     AT

The transaction undertaken for the sale & purchase of the shares in F&O market to safeguard the loss on account of price fluctuations of the share held by the assessee within the same script cannot be regarded as speculation transactions. - AT

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