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2010 (6) TMI 881 - AT - Income TaxExtract: .......of losses on future contracts based on the price differential of the futures on a day today basis, which is net off any profits earned during this period on the computation of the differential pricing, is an accrued loss and is allowable . 20. In the result the appeal filed by the assessee is allowed. Order pronounced on this 25th day of June, 2010
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