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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

No disallowance of trading loss of shares if transactions were ...


Trading Losses Allowed: Tribunal and CIT (A) Uphold Validity of Share Transactions via Demat Accounts and Banking Channels.

September 1, 2017

Case Laws     Income Tax     HC

No disallowance of trading loss of shares if transactions were done through Demat Accounts and payments were made through proper banking channel. -Confirmed by Tribunal and CIT (A).

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