setting-off the carry forward speculative losses

Delhi H.C : ITAT has erred in not deciding whether or not the loss suffered was speculative loss in view of Explanation to Section 73 of the Income Tax Act, 1961?

Avijit Das / September 6, 2013

High Court Of Delhi CITâ€“V VS. Nasa Finelease (P.) Ltd. Assessment Year : 2006-07 Section : 43(5) Sanjiv Khanna And […]

Delhi H.C : first setting-off the carry forward speculative losses against the speculative profit and then set-off the business losses?

Avijit Das / February 7, 2013

High Court Of Delhi CIT, Delhi-VIIIÂ Vs. Ashok Mittal Assessment Year : 2000-01 Section : 73 Badar Durrez Ahmed And R.V.

Delhi H.C : first setting-off the carry forward speculative losses against the speculative profit and then set-off the business losses to the extent of the balance speculation profit and other income

Avijit Das / February 7, 2013

High Court Of Delhi CIT, Delhi-viii VS. Ashok Mittal Assessment Year : 2000-01 Section : 73 Badar Durrez Ahmed And