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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Disallowance of speculation loss from trading in gold bullions ...

Income Tax

June 22, 2015

Disallowance of speculation loss from trading in gold bullions -assessee in fact transacted in gold and bullions in the normal course of business to earn profit. No prudent businessman will intentionally incur losses - Claim allowed - AT

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