https://www.taxtmi.com/highlights?id=16897 Some of the clients do not own up the transactions on anticipating losses - In such situations, the consequential loss incurred by the assessee to honour the commitments is to be viewed as an integral part of carrying on of assessee's business and is, therefore, not liable to be judged as a speculation loss - HC en-us Wed, 22 Jan 2014 10:32:55 +0530 Wed, 22 Jan 2014 10:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=16897 Some of the clients do not own up the transactions on anticipating losses - In such situations, the consequential loss incurred by the assessee to honour the commitments is to be viewed as an integral part of carrying on of assessee's business and is, therefore, not liable to be judged as a speculation loss - HC Highlights Income Tax Wed, 22 Jan 2014 10:32:55 +0530 https://www.taxtmi.com/highlights?id=16897