https://www.taxtmi.com/caselaws?id=71346 The tribunal dismissed both the assessee's and the Revenue's appeals, upholding the treatment of the loss from share trading activity as speculative loss. Additionally, the tribunal affirmed that the interest income on Fully Convertible Debentures (FCDs) should be considered part of the business activity of sale and purchase of shares, to be set off against the speculative loss. en-us Fri, 30 Dec 2005 00:00:00 +0530 Fri, 27 Jul 2012 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71346 The tribunal dismissed both the assessee's and the Revenue's appeals, upholding the treatment of the loss from share trading activity as speculative loss. Additionally, the tribunal affirmed that the interest income on Fully Convertible Debentures (FCDs) should be considered part of the business activity of sale and purchase of shares, to be set off against the speculative loss. Case-Laws Income Tax Fri, 30 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71346