TMI BlogLoss from derivative transactions in Commodity Futures and Options - speculative loss OR not - CBDT, on...Loss from derivative transactions in Commodity Futures and Options - speculative loss OR not - CBDT, on 22nd May 2009, recognizing MCX as recognized Stock Exchange for the purpose of section 43(5) - recognition by the Central Govt. of the Stock Exchange from a later date will not debar the transaction as non-speculation, especially after 1st April 2006 - treated as normal business loss ..... X X X X Extracts X X X X X X X X Extracts X X X X
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