Can your stock losses be denied? ITAT ruling in Dolly Khanna’s ₹54 crore tax case offers clarity
The ITAT has ruled that transaction volume alone cannot determine whether a taxpayer is an investor or a trader. The decision came in a dispute over Dolly Khanna's claim for a ₹54.23 crore stock market loss.
The ITAT has ruled that transaction volume alone cannot determine whether a taxpayer is an investor or a trader. The decision came in a dispute over Dolly Khanna's claim for a ₹54.23 crore stock market loss.
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