Disallowance of loss on sale of shares of associated concern - ...
Court Rules Loss on Sale of Associated Shares as Speculation Loss; Only Integral Business Share Losses Qualify.
June 7, 2018
Case Laws Income Tax AT
Disallowance of loss on sale of shares of associated concern - speculation loss - only the loss resulting from the activity of sale and purchase of shares of other companies which is a part of the business of the assessee could be treated as speculation loss
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