Genuineness of short term capital loss and set off with LTCG - ...

Case Laws Income Tax

August 22, 2019

Genuineness of short term capital loss and set off with LTCG - on the basis of same documents neither purchase of CCDs nor sale of CCDs to related concerns are doubted but the pricing is doubted - If the same are to be treated as different, then the onus is on the revenue to prove it, which has not been proved by the revenue - STCG loss is genuine loss and cannot be construed as a colorable device

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Genuineness of short term capital loss and set off with LTCG - ...

Case Laws Income Tax

August 22, 2019

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