https://www.taxtmi.com/acts?id=18653 The Explanation to the provision limiting set off and carry forward of losses from a speculation business is amended to exclude companies whose principal business is trading in shares from being deemed to carry on a speculation business; consequently such companies will not be subject to the speculation loss set off and carry forward restrictions for the specified subsequent assessment years. en-us Fri, 11 Jul 2014 15:58:06 +0530 Fri, 11 Jul 2014 15:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18653 The Explanation to the provision limiting set off and carry forward of losses from a speculation business is amended to exclude companies whose principal business is trading in shares from being deemed to carry on a speculation business; consequently such companies will not be subject to the speculation loss set off and carry forward restrictions for the specified subsequent assessment years. Act-Rules Bills Fri, 11 Jul 2014 15:58:06 +0530 https://www.taxtmi.com/acts?id=18653