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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Disallowance of set-off loss on derivative trading - can not be ...


Set-off loss on derivative trading isn't speculative loss due to Stock Exchange procedural delays.

September 17, 2012

Case Laws     Income Tax     AT

Disallowance of set-off loss on derivative trading - can not be held as loss from speculation business, simply because procedural mechanism has taken a long time to recognize the Stock Exchange - AT

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