Treatment of loss from share trading - speculative loss OR ...

Case Laws Income Tax

May 21, 2019

Treatment of loss from share trading - speculative loss OR business loss - a specific amendment by Parliament in the Explanation to Section 73, insofar as trading in shares is concerned, w.e.f. 01.04.2015. It was intended to take effect from the date stipulated by Parliament - no reason to hold either that it was clarificatory or that the intent of Parliament was to give it retrospective effect

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Treatment of loss from share trading - speculative loss OR ...

Case Laws Income Tax

May 21, 2019

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