Tag Archives: Section 73(4)

Derivatives Loss is not Speculative Loss u/s 73

By | June 9, 2016

Held  We have no difficulty in accepting the views of the Delhi High Court when they say that shares fall squarely within the Explanation to Section 73(4) but we are unable to agree when derivatives are treated at par with the shares because the legislature has treated them differently. HIGH COURT OF CALCUTTA Asian Financial… Read More »