Mark-to-market loss on account of trading in derivative ...
Mark-to-market losses in derivatives affect stock valuation, but anticipated profits from appreciated stock value are excluded.
July 15, 2013
Case Laws Income Tax AT
Mark-to-market loss on account of trading in derivative transactions - While anticipated loss is taken into account while valuation of closing stock, anticipated profit in the shape of appreciated value of the closing stock is not brought into account - AT
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