The loss could not be qualified as Speculative, because it was ...

November 27, 2019

Case Laws Income Tax AT

The loss could not be qualified as Speculative, because it was incurred by the assessee in the trading conducted in derivatives and since the derivative trading was carried out through authorized members of the recognized Stock Exchanges, as per clause (d) of the Explanation to section 43(5) it did not constitute “Speculative transaction”

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The loss could not be qualified as Speculative, because it was ...

November 27, 2019

Case Laws Income Tax AT

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