Home / 
Share Trading Profits Classified as Business Income, Allowing Set-Off Against Previous Business Losses.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Assessment of Business loss in Share trading as capital gains - set off of Brought forward business losses - assessee is engaged in the business of share trading and resultant Profit or loss required to be assessed as a business income but not as capital gains - set off allowed.....