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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Unrealized loss on the commodity derivatives - Even when loss ...


Unrealized Losses on Commodity Derivatives Can Be Deducted if Reasonably Anticipated, Even Without Crystallization.

November 10, 2014

Case Laws     Income Tax     AT

Unrealized loss on the commodity derivatives - Even when loss has not yet crystallized, a deduction is to be granted in respect of a reasonably anticipated loss - AT

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