{"id":27555,"date":"2022-06-26T18:21:39","date_gmt":"2022-06-26T12:51:39","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cascade-holdings-pvt-ltd-v-dcit-2021-61-cch-470-213-ttj-491-mum-trib\/"},"modified":"2022-06-26T18:21:39","modified_gmt":"2022-06-26T12:51:39","slug":"cascade-holdings-pvt-ltd-v-dcit-2021-61-cch-470-213-ttj-491-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cascade-holdings-pvt-ltd-v-dcit-2021-61-cch-470-213-ttj-491-mum-trib\/","title":{"rendered":"Cascade Holdings Pvt. Ltd. v. DCIT (2021) 61 CCH 470 \/ 213 TTJ 491 (Mum.)(Trib.)"},"content":{"rendered":"<p>Relying on the decision of the co-ordinate bench in the case of Growmore Research and Assets Management Ltd. (ITA No.1807 &amp; 2192\/M\/2015 Ltd dt. 28<sup>th<\/sup> Feb,, 2017), the Hon\u2019ble Tribunal affirmed the assessee\u2019s position and allowed set-off of eligible losses from profit from trading in money market securities. (AY. 1992-93)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 43(5) : Speculative transaction-Speculation loss-Profit from money market transactions-Gains arising out of speculative transactions are eligible to be set-off against loss arising out of share transactions. [S. 28, Expln. 2] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-27555","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7ar","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=27555"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27555\/revisions"}],"predecessor-version":[{"id":27556,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/27555\/revisions\/27556"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=27555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=27555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=27555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}