Treatment of quantum capital loss as speculation loss in terms ...

Quantum Capital Loss u/s 73: PMS Activities Not Standalone Business, Affects Tax Loss Classification.

February 14, 2017

Case Laws Income Tax AT

Treatment of quantum capital loss as speculation loss in terms of provision of Explanation to Section 73 - The activities through Portfolio Management Scheme (PMS) cannot be regarded as business activities on standalone basis - AT

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Treatment of quantum capital loss as speculation loss in terms ...

Quantum Capital Loss u/s 73: PMS Activities Not Standalone Business, Affects Tax Loss Classification.

February 14, 2017

Case Laws Income Tax AT

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