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Speculative income high sea sales

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(Querist)
06 November 2017 Hi sir
Can anyone tell high sea transactions are speculative or not??
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 November 2017 High sea sale is not speculative.
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ARUN SINGLA

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ARUN SINGLA (Querist)
06 November 2017 Hi sir
Can you plz give a judgement if any regard to this??
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 November 2017 I am not aware of any judgment.
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