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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

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

Case Laws     Income Tax

December 6, 2019

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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