Speculation loss disallowed – If the assessee has actually taken ...
Speculation Loss Disallowed: Actual Pepper Delivery Excludes Section 43(5) Speculative Transaction Provisions Under Income Tax Act.
November 10, 2014
Case Laws Income Tax AT
Speculation loss disallowed – If the assessee has actually taken delivery of pepper and thereafter sold it, then the provisions of sec. 43(5) cannot be applied- AT
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