Setoff of short term loss from shares with short term capital ...

Assessing Officer's Inconsistent Approach: Genuine Transactions Accepted for Gains, Questioned for Losses in Short-Term Capital Setoff.

October 12, 2018

Case Laws Income Tax AT

Setoff of short term loss from shares with short term capital gain - Genuineness of loss - the AO could not have on one hand accepted the genuineness of the transaction which resulted in gain, but on other hand doubted the genuineness only where the transaction resulted in loss.

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Setoff of short term loss from shares with short term capital ...

Assessing Officer's Inconsistent Approach: Genuine Transactions Accepted for Gains, Questioned for Losses in Short-Term Capital Setoff.

October 12, 2018

Case Laws Income Tax AT

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