Real estate businessman lost Rs 34.21 lakh in F&O, got a notice; what ITAT did
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.
Affected stocks
Neutral1 stockBull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
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.













