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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Treatment of business loss as speculation loss - while the ...

Income Tax

November 13, 2018

Treatment of business loss as speculation loss - while the assessee incurred losses in derivative segment (F&O business), it has earned profits in cash segment i.e. on account of ordinary action of purchase and sale of shares simplicitor. - Loss cannot be treated as speculative loss.

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