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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Speculative loss - Jobbing transactions in the present facts ...


Jobbing Transactions Not Speculative u/s 43(5) Proviso (c) of the Income Tax Act.

October 14, 2016

Case Laws     Income Tax     HC

Speculative loss - Jobbing transactions in the present facts would not be covered by the definition of speculative transaction in view of Section 43(5) proviso (c) of the Act. - HC

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