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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Disallowance of short term capital loss on sale of shares - sale ...

Case Laws     Income Tax

February 17, 2016

Disallowance of short term capital loss on sale of shares - sale of share was effected between two group companies having the same directors about the shares of the group company during the lock-in period - it is case of sham transaction - loss booked not allowed - AT

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