ITAT: Share-trading loss, speculative pre-2014 amendment to Sec. 73 Explanation; Relies on Snowtex ruling (SC)


Conclusion

Ahmedabad ITAT invokes Explanation to Sec. 73 to treat assessee's share-trading loss as 'speculation loss' for AY 2014-15, denies set-off of loss arising from 'delivery based' Equi...

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