Section 40A(13) - marked to market loss or other expected loss - Income Tax - Ready Reckoner - Income Tax

Section 40A(13) - MARKED TO MARKET (MTM) LOSS or other Expected Loss W.e.f. A.Y. 2017-18, No deduction or allowance shall be allowed in respect of any marked to market loss or other expected loss, except as allowable under clause (xviii) of section 36(1) .