Long term capital loss on sale of shares - off-market ...

Court Rules No Income Tax Act Violation in Off-Market Share Sale Resulting in Long-Term Capital Loss.

December 6, 2019

Case Laws Income Tax AT

Long term capital loss on sale of shares - off-market transaction - The transaction has been levelled as ingenuine, manipulated without taking into consideration this particular aspect of the matter that there is no provision in the Act which would prevent the assessee from selling loss making share.

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Long term capital loss on sale of shares - off-market ...

Court Rules No Income Tax Act Violation in Off-Market Share Sale Resulting in Long-Term Capital Loss.

December 6, 2019

Case Laws Income Tax AT

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