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Income Tax - Highlights / Catch Notes

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Applicability of section 73 - share trading loss treated as ...

Income Tax

September 16, 2022

Applicability of section 73 - share trading loss treated as non-speculative loss - it is not in dispute that the income from other sources which is much more than income from business. Hence the assessee's case squarely falls under the exception clause provided in Explanation to Section 73 of the Act. - AT

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