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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Loss from speculation business of sale of shares - the assessee ...

Income Tax

April 28, 2016

Loss from speculation business of sale of shares - the assessee by virtue of being an NBFC is authorised to invest in shares and such a terminology does not indicate that the loss or gains from investments made by assessee is to be treated as business income. - AT

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