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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Both the transactions i.e. the transactions in the derivative ...

Case Laws     Income Tax

January 1, 2017

Both the transactions i.e. the transactions in the derivative and transactions in the cash segment can be treated as speculative transactions as per explanation to section 73 and hence the profit or loss against both the segments can be adjusted or set off against each other. - AT

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