Disallowance of assessee’s claim of long term capital loss - as ...
Assessing Officer Disallows Long-Term Capital Loss Claim, Finds Share Transactions a Colorable Device to Offset Gains.
August 28, 2018
Case Laws Income Tax AT
Disallowance of assessee’s claim of long term capital loss - as per AO purchase and sale of shares was nothing but a colourable device to generate loss to be set off against capital gain - additions confirmed.
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