Speculation Loss Confirmed: Assessee's Share Repurchase Was to Minimize Losses, Not a Contrived Loss.

Speculation Loss Confirmed: Assessee's Share Repurchase Was to Minimize Losses, Not a Contrived Loss. https://www.taxtmi.com/highlights?id=7329 The shares were sold first with the intention to purchase the same when its prices fell down but since the price of shares increased, the assessee had to purchase the shares to minimize the loss. - it is a speculation loss and not a contrived loss - AT en-us Thu, 04 Apr 2013 22:07:07 +0530 Thu, 04 Apr 2013 22:07:07 +0530 TaxTMI RSS Generator Speculation Loss Confirmed: Assessee's Share Repurchase Was to Minimize Losses, Not a Contrived Loss. https://www.taxtmi.com/highlights?id=7329 The shares were sold first with the intention to purchase the same when its prices fell down but since the price of shares increased, the assessee had to purchase the shares to minimize the loss. - it is a speculation loss and not a contrived loss - AT Highlights Income Tax Thu, 04 Apr 2013 22:07:07 +0530 https://www.taxtmi.com/highlights?id=7329