TMI BlogGenuineness of short term capital loss and set off with LTCG - on the basis of same documents neither...Genuineness of short term capital loss and set off with LTCG - on the basis of same documents neither purchase of CCDs nor sale of CCDs to related concerns are doubted but the pricing is doubted - If the same are to be treated as different, then the onus is on the revenue to prove it, which has not been proved by the revenue - STCG loss is genuine loss and cannot be construed as a colorable device ..... X X X X Extracts X X X X X X X X Extracts X X X X
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