TMI BlogSection 73 Deeming Fiction: Assessee Considered in Speculation Business Under Specific Circumstances Only.Explanation to section 73 only provides for a deeming fiction in certain circumstances where the assessee would be deemed to be carrying on a speculation business. Such deeming fiction would not apply in situations not covered u/s 73 - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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