https://www.taxtmi.com/highlights?id=37544 Deemed speculation loss - Arbitrage /Jobbing as a composite activity is covered under section 43(5)(c) of the Act. Hence, explanation to section 73 of the Act is not applicable as the Assessee is not carrying on the business of purchase and sale of share but business of arbitrage. - AT en-us Mon, 15 Jan 2018 10:43:10 +0530 Mon, 15 Jan 2018 10:43:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37544 Deemed speculation loss - Arbitrage /Jobbing as a composite activity is covered under section 43(5)(c) of the Act. Hence, explanation to section 73 of the Act is not applicable as the Assessee is not carrying on the business of purchase and sale of share but business of arbitrage. - AT Highlights Income Tax Mon, 15 Jan 2018 10:43:10 +0530 https://www.taxtmi.com/highlights?id=37544