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Loss from dealing in mutual funds couldn’t be treated as loss from speculative business

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  • Loss from dealing in mutual funds couldn’t be treated as loss from speculative business
Posted onon July 1, 2016

Tenet Tax Daily June 28 2016

By tenettax-team
Corporate Tax

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No tax on supply of equipment by foreign Co. just because installation work was done by its Indian subsidiary
Factoring charges couldn’t be treated as interest to attract TDS under sec. 194A: HC

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