‘Work day and night’: SC rejects Aravalli panel’s extension plea; CJI says it’s waiting for his retirement | India News

The panel had asked for 6-month extension to submit report. NEW DELHI: The Supreme Court on Monday refused to give the expert panel examining the definition and protection of the Aravalli Hills another six months to submit its final report, telling it to “work day and night” and complete the exercise by November 30.A bench…

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Real estate businessman lost Rs 34.21 lakh in F&O trading; taxman called it speculative, but ITAT Delhi allowed Rs 25.09 lakh as business loss: Here’s why

The AO invoked the Explanation to Section 73. (Image for representative purpose only) A taxpayer from Mathura earned Rs 8.64 crore through his real estate trading business. However, the said taxpayer alsoincurred a loss of around Rs 34 lakh from futures and options (F&O) trading in the stock market. When the taxpayer filed his income…

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