Short term capital loss - transactions for purchase and sale of ...
Taxpayer's Land Transactions Deemed Sham, Short-Term Capital Loss Claims Disallowed by Authorities.
November 16, 2016
Case Laws Income Tax AT
Short term capital loss - transactions for purchase and sale of land are not proved by the assessee to be genuine transactions and are held by us to be sham and colorable devices and short term capital loss - cannot be allowed - AT
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