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Jobbing or arbitrage transaction carried out by broker to hedge its business loss isn't a speculative transaction

Jobbing or arbitrage transaction carried out by broker to hedge its business loss isn't a speculative transac…

In the case of share brokers the share trading activities carried out by them on behalf of their clients is not a speculation business.Thus the loss incurred by them from such activities is not a speculation loss, but a business loss.So this loss could be set off against their other business income.

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Jobbing or arbitrage transaction carried out by broker to hedge its business loss isn't a speculative transaction

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8 years, 5 months

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Jobbing or arbitrage transaction carried out by broker to hedge its business loss isn't a speculative transaction