https://www.taxtmi.com/caselaws?id=293760 The Tribunal upheld the revenue's appeal, ruling that the assessee was not entitled to carry forward the Long Term Capital Loss on shares subjected to STT under section 10(38) of the Income Tax Act, 1961. The Tribunal's decision aligned with the Gujarat HC judgment, and the assessee's cross objection was dismissed as infructuous. en-us Fri, 03 Nov 2017 00:00:00 +0530 Wed, 13 Nov 2024 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293760 The Tribunal upheld the revenue's appeal, ruling that the assessee was not entitled to carry forward the Long Term Capital Loss on shares subjected to STT under section 10(38) of the Income Tax Act, 1961. The Tribunal's decision aligned with the Gujarat HC judgment, and the assessee's cross objection was dismissed as infructuous. Case-Laws Income Tax Fri, 03 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293760