Understanding Speculation Profit/ loss with latest Case Laws

Manish Kumar Agarwal , Last updated: 03 June 2014  
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1. S. 73 of the Income-tax Act provides that any loss computed in respect of speculation business carried on by an assessee will not be set off except against the profits and gains, if any, of another speculation business. Further, where any loss computed in respect of a speculation business for an

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Manish Kumar Agarwal
(GM - TAX)
Category Income Tax   Report

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