https://www.taxtmi.com/acts?id=50141 The amendment adds an Explanation to section 73 deeming a company's purchase and sale of other companies' shares to be a speculation business for that section to the extent the business consists of such share trading, excluding investment companies (per clause (ii) of section 109) and companies whose principal business is banking or granting loans and advances. en-us Tue, 04 Mar 2025 18:19:06 +0530 Tue, 04 Mar 2025 18:19:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50141 The amendment adds an Explanation to section 73 deeming a company's purchase and sale of other companies' shares to be a speculation business for that section to the extent the business consists of such share trading, excluding investment companies (per clause (ii) of section 109) and companies whose principal business is banking or granting loans and advances. Act-Rules F. Acts / Amendment Acts Tue, 04 Mar 2025 18:19:06 +0530 https://www.taxtmi.com/acts?id=50141