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loss due to error & ommission

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(Querist)
09 January 2009 is loss due to error & ommission in share trading a business loss? Error & ommission can be due to wrong execution of trade by terminal operator, trade disput with client,punching error,etc

Are there any Case Laws to support
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CA Mani

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CA Mani (Expert)
10 January 2009 I have not come across any case laws about the mentioned query.

however loss incurred is definitely trading loss.

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