Retrospective cancellation of charitable registration under section 12AB(4) was unsustainable; related-party benefit allegations did not prove nongenu...
Setoff of short term loss from shares with short term capital gain - Genuineness of loss - the AO could not have on one hand accepted the genuineness of the transaction which resulted in gain, but on other hand doubted the genuineness only where the transaction resulted in loss.
Setoff of short term loss from shares with short term capital gain - Genuineness of loss - the AO could not have on one hand accepted the genuineness of the transaction which resulted in gain, but on other hand doubted the genuineness only where the transaction resulted in loss.
Note: It is a system-generated summary and is for quick reference only.