Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Both the transactions i.e. the transactions in the derivative ...

Case Laws     Income Tax

January 1, 2017

Both the transactions i.e. the transactions in the derivative and transactions in the cash segment can be treated as speculative transactions as per explanation to section 73 and hence the profit or loss against both the segments can be adjusted or set off against each other. - AT

View Source

 


 

You may also like:

  1. Set-off of loss against transaction in derivatives segment - the transactions of futures segment w.e.f. 01/4/2006 would not be treated as speculation transactions..... - AT

  2. Speculation loss or not - the loss suffered in cash segment, being an integrated part of the total arbitrage activities has to be allowed / set off against income from...

  3. Speculative loss or not - Set off and carry forward of loss arising from derivative transactions in currency segment - In essence, an 'eligible transaction' [as defined...

  4. Extension of implementation date of Circular on ‘Review of Margin Framework for Cash and Derivatives segments (except for Commodity Derivatives Segment)’ - Circular

  5. Treatment of business loss as speculation loss - while the assessee incurred losses in derivative segment (F&O business), it has earned profits in cash segment i.e. on...

  6. Derivative trading loss as business loss - when undisputedly assessee has entered into transaction of derivatives after 01.04.2006 in a recognised stock exchange as per...

  7. Changes to the Framework to Enable Verification of Upfront Collection of Margins from Clients in Cash and Derivatives segments - Circular

  8. This circular outlines SEBI's revised stress testing framework for determining the Minimum Required Corpus (MRC) of the Core Settlement Guarantee Fund (Core SGF) in the...

  9. Review of Margin Framework for Commodity Derivatives Segment

  10. Additional commodities as Eligible Liquid Assets for Commodity Derivatives Segment

  11. Review of risk management framework for Equity Derivatives Segment

  12. Treatment of Losses as Speculative Losses - adjustment of loss under arbitrage transactions - The loss of one segment has to be allowed to be set-off against the other...

  13. Penalty u/s. 271G - assessee did not provide any basis for comparing the transactions and it failed to provide any alternative method to benchmark the transactions which...

  14. The Master Circular for Commodity Derivatives Segment issued by SEBI consolidates circulars up to March 31, 2023. It replaces previous circulars and applies to stock...

  15. Collection and reporting of margins by Trading Member (TM) /Clearing Member (CM) in Cash Segment

 

Quick Updates:Latest Updates