https://www.taxtmi.com/highlights?id=16803 Legitimate tax planning is not barred - the conduct of the assessee clearly suggest that his only intention was to create artificial loss by converting investment in stock in trade and setting it off against the bad debts recovered - claim disallowed - AT en-us Thu, 16 Jan 2014 10:39:50 +0530 Thu, 16 Jan 2014 10:39:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=16803 Legitimate tax planning is not barred - the conduct of the assessee clearly suggest that his only intention was to create artificial loss by converting investment in stock in trade and setting it off against the bad debts recovered - claim disallowed - AT Highlights Income Tax Thu, 16 Jan 2014 10:39:50 +0530 https://www.taxtmi.com/highlights?id=16803