The loss on account of share transactions is a capital loss. The ...
Share Transaction Losses Are Capital Losses, Not Bad Debts u/s 36(i)(vii) of Income Tax Law.
December 17, 2017
Case Laws Income Tax AT
The loss on account of share transactions is a capital loss. The loss arising from "investments" in shares cannot be claimed as bad debt under the provisions of section 36(i)(vii) r.w.s. 36(2)(i) - AT
View Source