NCLAT: Can File App. u/s 7 of IBC when Entire Liability Not Discharged after Selling Pledged Shares  ||  NCLAT: Recovery Proceedings before DRT doesn’t Prohibit Financial Creditors from Filing App. u/s 7  ||  Ker. HC: Women Face Discrimination at Multiple Level Due to their Inter- Sectionality  ||  Del. HC: Amounts Received by ERC under Filing Fee, Tariff Fee Not Exigible to Tax  ||  Ker. HC: Equity, Justice, Convenience Govern the Question Whether Joint Trial is Required or Not  ||  Ker. HC: Equity, Justice, Convenience Govern the Question Whether Joint Trial is Required or Not  ||  Delhi HC: Benchmark of Rs. 50 Lakh Income to be Met at Initiation of Reassessment Proceedings  ||  MP HC: No Prohibition on Issuance of Passport without Father’s Consent  ||  Del. HC: Samsung India Electronics is Not Samsung Korea’s Permanent Establishment in India  ||  Guj. HC: Machines Used for Welding in Residential Society is Nuisance    

Bombay HC: Loss On Trading in Derivatives of Securities Not A Speculative Loss - (19 May 2022)

DIRECT TAXATION

Bombay High Court has ruled that transactions in respect of trading in derivatives carried out in a recognized stock exchange are excluded from the definition of "speculation transaction" under the Income Tax Act, 1961.

Tags : INCOME-TAX ACT   BOMBAY HIGH COURT   ITAT   FINANCE ACT  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved