Disallowance on account of loss on error trade - due to human ...
Case Laws Income Tax
October 19, 2019
Disallowance on account of loss on error trade - due to human error in punching the wrong scrip code, or punching of wrong quantity or in punching buy order in place of sale order due to human error the mistake may occur, which may result in income or loss - instead of considering the loss on account of error trade, AO treated the same as speculative loss - Additions deleted.
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