Monday, December 8, 2014

[aaykarbhavan] SC admits SLP for deciding whether loss arising on sale of shares without actual delivery was speculative



SC admits SLP for deciding whether loss arising on sale of shares without actual delivery was speculative

December 8, 2014[2014] 51 taxmann.com 379 (SC)
IT: SLP was granted against order of High Court where it was held that loss suffered by assessee-broker on sale of shares at lowest market price without taking physical delivery, through sister concern, amounted to speculation loss
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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