Set off of speculation loss against the profit earned by the ...

Income Tax

October 22, 2018

Set off of speculation loss against the profit earned by the assessee from delivery based transactions - the assessee would be entitled to set off this speculation loss from the said profit as per section 73 as rightly claimed by it.

View Source

← Previous Next →

Set off of speculation loss against the profit earned by the ...

Income Tax

October 22, 2018

You may also like:

Set off of brought forward non speculative loss against the current years speculative income - Set off of loss from one head against income from another - there is no...

Whether loss of unit entitled to deduction under Section 10-B be set off against business profits earned by the assessee - Held Yes - HC

Set off of business losses - The expression “any“ business clearly includes all businesses, without making any distinction between speculation and non-speculation...

Disallowance of set-off loss on derivative trading - can not be held as loss from speculation business, simply because procedural mechanism has taken a long time to...

Set-off of losses in share trading - The assessee would not be deemed to be carrying on a speculation business for the purpose of section 73(1) - HC

Set off of losses against income from STP units - the loss from other business activities should not be set off against profits derived from eligible industrial undertaking - AT

Dividend income is to be set off against the speculation loss and only the balance amount is to be considered to be speculation loss to be carried forward to be set off...

The brought forward business loss is to be allowed set off of against the speculation income assessable for the current year - AT

Since assessee was trading at un-recognised stock exchange, therefore, income arising out of trading of commodities at such unrecognized stock exchange also amounts to...

Addition income u/s 68 - the assessee had not earned any speculation income but had merely laundered his undisclosed income for speculation profits by entering into...

Quick Updates: