https://www.taxtmi.com/highlights?id=52094 Nature of loss - business loss or speculation loss - trading in derivatives i.e. F&O of shares - The contract note clearly revealed that the transactions were supported by time stamped contract notes issued by the stock broker in which unique client identity and PAN number etc were also indicated - Loss sustained by the assessee from the transaction of purchase and sale of the shares cannot be deemed to be speculation loss. - HC en-us Mon, 02 Mar 2020 12:32:24 +0530 Mon, 02 Mar 2020 12:32:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52094 Nature of loss - business loss or speculation loss - trading in derivatives i.e. F&O of shares - The contract note clearly revealed that the transactions were supported by time stamped contract notes issued by the stock broker in which unique client identity and PAN number etc were also indicated - Loss sustained by the assessee from the transaction of purchase and sale of the shares cannot be deemed to be speculation loss. - HC Highlights Income Tax Mon, 02 Mar 2020 12:32:24 +0530 https://www.taxtmi.com/highlights?id=52094