Loss in share transactions not speculative if 90% of assessee's income consisted of 'income from other sources'

IT : Explanation to section 73 not applicable, where gross total income of assessee company mainly consisted of income from other source', and, consequently, loss incurred by assessee in share transaction could not be said to be a speculative loss

from www.taxmann.com Latest Case Laws https://ift.tt/2M3rXb9