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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Assessee has rightly claimed short term capital loss which is ...


Short-Term Capital Loss Validly Offsets Long-Term Gain; Transaction Not Deemed Sham or Speculative.

March 6, 2017

Case Laws     Income Tax     AT

Assessee has rightly claimed short term capital loss which is eligible to be set off against long term capital gain and the impugned transaction is neither “sham” nor speculative in nature - AT

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