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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Speculation Loss - Trading in future and options - the amendment ...


Court Rules Recent Amendment on Futures Trading Losses Doesn't Apply Retroactively; Impacts Tax Treatment of Past Losses.

December 8, 2016

Case Laws     Income Tax     HC

Speculation Loss - Trading in future and options - the amendment cannot be held as curative in nature or for that reason has a retrospective effect - HC

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