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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Disallowance in respect of Hedging Loss - there is no such ...

Income Tax

December 28, 2018

Disallowance in respect of Hedging Loss - there is no such detail available to show that the alleged transactions entered on the portal of NCDEX were entered to counter or hedge the probable loss from the contract for actual delivery of goods. - To be treated as speculative loss.

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