Share trading loss - business loss OR speculation loss - the ...

Court to Decide if Share Trading Loss is Business or Speculation Loss; Assessee Exempt from Section 73 Explanation.

April 10, 2017

Case Laws Income Tax AT

Share trading loss - business loss OR speculation loss - the funds deployed in the business of granting loans and advances by the Assessee was more over a number of AYs. - Thus the principal business of the Assessee was giving of loans and advances and therefore the Assessee was outside the mischief of Explanation to Sec.73 - AT

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Share trading loss - business loss OR speculation loss - the ...

Court to Decide if Share Trading Loss is Business or Speculation Loss; Assessee Exempt from Section 73 Explanation.

April 10, 2017

Case Laws Income Tax AT

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