Non-assessment of losses incurred in the business of share ...

Assessee fails to differentiate speculative from non-speculative income in share trading, leading to unassessed speculative losses.

May 3, 2014

Case Laws Income Tax AT

Non-assessment of losses incurred in the business of share trading – Speculation loss - Assessee itself had failed to bifurcate its classes of income appropriately, though some of it pertained to speculative business - AT

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Non-assessment of losses incurred in the business of share ...

Assessee fails to differentiate speculative from non-speculative income in share trading, leading to unassessed speculative losses.

May 3, 2014

Case Laws Income Tax AT

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