{"id":8519,"date":"2019-12-17T12:06:47","date_gmt":"2019-12-17T12:06:47","guid":{"rendered":"http:\/\/itatonline.org\/digest\/dy-cit-v-sahara-care-ltd-2019-74-itr-117-delhitrib-2\/"},"modified":"2019-12-17T12:06:47","modified_gmt":"2019-12-17T12:06:47","slug":"dy-cit-v-sahara-care-ltd-2019-74-itr-117-delhitrib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-sahara-care-ltd-2019-74-itr-117-delhitrib-2\/","title":{"rendered":"Dy.  CIT v.  Sahara Care Ltd.  (2019) 74 ITR 117 (Delhi)(Trib.)"},"content":{"rendered":"<p>If the assessee is engaged in the sole activity of purchase and sale of securities then such an activity constitutes a business carried on by the assessee and any loss arising upon sale of such securities shall be treated as a business loss. (AY. \u00a02005-06,\u00a0 2007-08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28(i) : Business loss-Purchase and sale of securities \u2013 loss arising from sale of securities\u2013Allowable as business loss.<\/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":[1],"tags":[],"class_list":["post-8519","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2dp","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8519","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=8519"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8519\/revisions"}],"predecessor-version":[{"id":8520,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/8519\/revisions\/8520"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=8519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=8519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=8519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}