https://www.taxtmi.com/highlights?id=34019 Sale of long term shares - tax planning by not paying STT for not to claim exemption u/s 10(38) - The decision taken by the assessee to arrest the loss arising on account of liability to pay interest on the loan raised from BVHPL cannot be doubted. It is a business decision taken by the assessee to arrest the losses and the same cannot be called as colourable devise - AT en-us Tue, 28 Mar 2017 07:43:57 +0530 Tue, 28 Mar 2017 07:43:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=34019 Sale of long term shares - tax planning by not paying STT for not to claim exemption u/s 10(38) - The decision taken by the assessee to arrest the loss arising on account of liability to pay interest on the loan raised from BVHPL cannot be doubted. It is a business decision taken by the assessee to arrest the losses and the same cannot be called as colourable devise - AT Highlights Income Tax Tue, 28 Mar 2017 07:43:57 +0530 https://www.taxtmi.com/highlights?id=34019