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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

The transactions carried out through MCX Stock Exchange after ...


MCX Stock Exchange Transactions Post-April 1, 2006, Recognized as Non-Speculative; Losses Allowed Per Section 43(5) Income Tax Act.

August 4, 2015

Case Laws     Income Tax     AT

The transactions carried out through MCX Stock Exchange after 1.4.2006, would be eligible for being treated as non-speculative derivates within the meaning of clause (d) of proviso to section 43(5) - AO directed to allow the loss - AT

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