https://www.taxtmi.com/highlights?id=50397 Benefit of set off of loss in share dealing by treating the same as business loss - what constitutes principal business will essentially depend on the facts and circumstances of each case - the principal or dominant business of the assessee was granting loans & advances and thereby the assessee falls outside the ambit of the Explanation to Sec. 73 en-us Tue, 26 Nov 2019 12:53:35 +0530 Tue, 26 Nov 2019 12:53:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50397 Benefit of set off of loss in share dealing by treating the same as business loss - what constitutes principal business will essentially depend on the facts and circumstances of each case - the principal or dominant business of the assessee was granting loans & advances and thereby the assessee falls outside the ambit of the Explanation to Sec. 73 Highlights Income Tax Tue, 26 Nov 2019 12:53:35 +0530 https://www.taxtmi.com/highlights?id=50397