<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>NBFC trading shares cannot offset speculative losses against other income; Explanation to Section 73 does not apply.</title>
    <link>https://www.taxtmi.com/highlights?id=48130</link>
    <description>Treatment to the loss as speculation loss - NBFC - trading in shares - there could be no set off of the speculative business loss as against the income from other sources for the year, since the exception under the Explanation to Section 73 does not apply to the Company.</description>
    <language>en-us</language>
    <pubDate>Mon, 22 Jul 2019 08:19:19 +0530</pubDate>
    <lastBuildDate>Mon, 22 Jul 2019 08:19:19 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=580384" rel="self" type="application/rss+xml"/>
    <item>
      <title>NBFC trading shares cannot offset speculative losses against other income; Explanation to Section 73 does not apply.</title>
      <link>https://www.taxtmi.com/highlights?id=48130</link>
      <description>Treatment to the loss as speculation loss - NBFC - trading in shares - there could be no set off of the speculative business loss as against the income from other sources for the year, since the exception under the Explanation to Section 73 does not apply to the Company.</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Mon, 22 Jul 2019 08:19:19 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=48130</guid>
    </item>
  </channel>
</rss>