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Income Tax - Highlights / Catch Notes

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Set off of speculative losses u/s 73 - reassessment - the ...


High Court Confirms Set-Off of Speculative Losses u/s 73 Against Business Profits from Loans and Advances.

April 9, 2013

Case Laws     Income Tax     HC

Set off of speculative losses u/s 73 - reassessment - the petitioner is entitled to set off the losses from sale and purchase of the share in the profits of the business of the company from loans and advances - HC

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