https://www.taxtmi.com/caselaws?id=274595 The Tribunal allowed the appeal, directing the AO to delete the speculative classification of the share trading loss. It recognized the appellant's principal business as share trading and granting loans, falling outside the speculative category under the Finance Act 2014 amendment to Explanation to Section 73. The judgment highlighted the retrospective application of the amendment to avoid undue hardship. en-us Wed, 30 Aug 2017 00:00:00 +0530 Fri, 24 Aug 2018 02:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274595 The Tribunal allowed the appeal, directing the AO to delete the speculative classification of the share trading loss. It recognized the appellant's principal business as share trading and granting loans, falling outside the speculative category under the Finance Act 2014 amendment to Explanation to Section 73. The judgment highlighted the retrospective application of the amendment to avoid undue hardship. Case-Laws Income Tax Wed, 30 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274595