TMI BlogThe activity of purchase and sale of shares carried out with assessee for the purpose of section 73 is a...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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|