Home / 
Shares Held as Investment Lead to Capital Loss, Not Speculation Loss, for Tax Purposes.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Assessee had held the shares as an investment and not as a stock in trade. The loss arising out of the sale of shares would hence be in the nature of capital loss and not in the nature of speculation loss,....
TaxTMI