Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Loss incurred by the assessee on F & O (Future and Options) derivative transactions - “speculative loss” or not - disallowing the set off of the said loss against other business income - Loss incurred on derivative transactions is not speculative loss and rather need to be treated as regular business loss.
Loss incurred by the assessee on F & O (Future and Options) derivative transactions - “speculative loss” or not - disallowing the set off of the said loss against other business income - Loss incurred on derivative transactions is not speculative loss and rather need to be treated as regular business loss.
Note: It is a system-generated summary and is for quick reference only.