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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Transactions in shares - in case of brokers loss arising on ...


Brokers' Forced Sale Losses Excluded from Explanation to Section 73 of Income Tax Law.

July 6, 2012

Case Laws     Income Tax     AT

Transactions in shares - in case of brokers loss arising on account of purchase and sale of shares under forced circumstances and under compulsion will not be covered by Explanation to Section 73.- AT

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