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2015 (10) TMI 1616 - AT - Income TaxAddition on account of mark to market loss claimed on account of trading in derivative transactions - CIT(A) deleted the addition - Held that:- Mark to market losses on account of trading in derivative transactions are allowable deductions. See KOTAK MAHINDRA INVESTMENT LTD. case [2013 (7) TMI 355 - ITAT MUMBAI ] Hence this issue is accordingly decided in favour of the assessee
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