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Loss from derivative is a normal business loss and not speculation loss

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  • Loss from derivative is a normal business loss and not speculation loss
Posted onon December 28, 2018

Tenet Tax Daily December 26 2018

By tenettax-team
Corporate Tax

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Karta was eligible to claim TDS credit wrongly deposited in his name if HUF hadn’t availed benefit of such TDS
ITAT deleted additions as amount deposited in assessee’s Foreign Bank a/c didn’t belong to him

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