Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him relief - The Economic Times

Husband used wife’s demat a/c and faced Rs 1.95 crore stock market trading losses; he claims clubbing of income and set-off provisions in ITR to reduce his total tax liability; ITAT Lucknow allows his claim of set-off of losses on this ground

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