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2017 (11) TMI 738 - HC - Income TaxAllowance of marked to market loss as business expenditure u/s 37(1) - Held that:- As perused the said decision of this Court in the case of Commissioner of Income Tax 16, Mumbai Vs. M/s. D. Chetan & Co [2016 (10) TMI 629 - BOMBAY HIGH COURT]. The same question was considered by the Division Bench and answered against the Appellant – Revenue. As of today, the said decision has attained finality. - Decided against revenue
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