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Income Tax - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Loss incurred by the assessee on F & O (Future and Options) ...

Income Tax

June 23, 2020

Loss incurred by the assessee on F & O (Future and Options) derivative transactions - “speculative loss” or not - disallowing the set off of the said loss against other business income - Loss incurred on derivative transactions is not speculative loss and rather need to be treated as regular business loss.

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