Taxpayer's Current Year Share Gains Considered Speculative if Losses Were Previously Recorded.

Taxpayer's Current Year Share Gains Considered Speculative if Losses Were Previously Recorded. https://www.taxtmi.com/highlights?id=2481 The gain or profit arising to the assessee during the current year as a result of valuation of shares in respect of which the loss was determined in earlier years, is also to be treated as a speculation. .... - AT en-us Fri, 23 Dec 2011 13:40:17 +0530 Fri, 23 Dec 2011 13:40:17 +0530 TaxTMI RSS Generator Taxpayer's Current Year Share Gains Considered Speculative if Losses Were Previously Recorded. https://www.taxtmi.com/highlights?id=2481 The gain or profit arising to the assessee during the current year as a result of valuation of shares in respect of which the loss was determined in earlier years, is also to be treated as a speculation. .... - AT Highlights Income Tax Fri, 23 Dec 2011 13:40:17 +0530 https://www.taxtmi.com/highlights?id=2481