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Reclassification of Business Loss as Speculation Loss and Its Impact on Penalty Under Section 270A

CA. Ajay Kumar agarwal

19/11/2025 | 1 COMMENTS | VISITOR'S COUNT: 1529

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Whether the reclassification of business loss as speculation loss (due to contract settlement without actual delivery) constitutes “under-reporting of income” under section 270A justifying imposition of penalty, d...