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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Disallowance of set off being loss on account of trading in ...


Court Allows Set-Off of Derivative Trading Losses Against Interest and Dividend Income, Permitting Wider Tax Relief.

December 10, 2015

Case Laws     Income Tax     AT

Disallowance of set off being loss on account of trading in Futures and Options/derivatives against other income - the assessee was having the interest income as well as income from dividend, the set off being loss on account of trading in Futures and Options/derivatives against other income should be allowed - AT

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