Turnover u/s 44AB for speculation business is only net difference of independent transactions
January 25, 2024
Income Tax, ITAT
Turnover in respect of speculation business is only net difference of independent transactions In a recent judgment, ITAT has held that turnover in respect of derivative trading is to be reckoned as only which may be positive or negative difference for independent transactions. ABCAUS Case Law Citation:ABCAUS 3847 …