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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Setoff of short term loss from shares with short term capital ...

Case Laws     Income Tax

October 12, 2018

Setoff of short term loss from shares with short term capital gain - Genuineness of loss - the AO could not have on one hand accepted the genuineness of the transaction which resulted in gain, but on other hand doubted the genuineness only where the transaction resulted in loss.

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