Deemed speculation loss - Arbitrage /Jobbing as a composite ...

Income Tax

January 15, 2018

Deemed speculation loss - Arbitrage /Jobbing as a composite activity is covered under section 43(5)(c) of the Act. Hence, explanation to section 73 of the Act is not applicable as the Assessee is not carrying on the business of purchase and sale of share but business of arbitrage. - AT

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Deemed speculation loss - Arbitrage /Jobbing as a composite ...

Income Tax

January 15, 2018

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