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Real estate businessman lost Rs 34.21 lakh in F&O, got a notice; what ITAT did

Times of India 1 hr ago·15 Sept 2026, 5:53 am

The AO invoked the Explanation to Section 73 and consequently refused to allow the loss to be set off against the taxpayer’s regular business income. The assessment relied on the Delhi High Court ruling in CIT v. DLF Commercial Developers Ltd.

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Key takeaways

  • Concerns DLF (DLF).
  • Category: Stocks.

Why it matters

A routine update for DLF. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Times of India.

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