The activity of purchase and sale of shares carried out with ...

Income Tax

February 17, 2017

The activity of purchase and sale of shares carried out with assessee for the purpose of section 73 is a speculation business activity and, accordingly, the loss suffered from the activity of purchase and sale of shares cannot be allowed to set off against the business income. - AT

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The activity of purchase and sale of shares carried out with ...

Income Tax

February 17, 2017

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