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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Loss from derivative transactions in Commodity Futures and ...

Income Tax

June 3, 2019

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

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