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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

Disallowing the claim derivative loss as speculation loss - once ...


Derivative Loss Claim Denied as Speculation Loss; Approval Applies Retroactively to Start of the Year.

April 1, 2013

Case Laws     Income Tax     AT

Disallowing the claim derivative loss as speculation loss - once the approval is granted in the relevant previous year the approval has to be taken as effective from the beginning of the relevant year - AT

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