Real estate businessman lost Rs 34.21 lakh in F&O, got I-T notice: What ITAT ruled
Global - Asia
Archived
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September 15, 2026
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The AO invoked the Explanation to Section 73 and consequently refused to allow the loss to be set off against the taxpayer’s regular business income. The assessment relied on the Delhi High Court ruling in CIT v. DLF Commercial Developers Ltd.
Source: Times of India | https://timesofindia.indiatimes.com/rssfeedstopstories.cms - Read Original
"What you put in is not always what you get out."
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