Forward contract loss - speculation loss or not - trading of ...
Income Tax Authorities Rule Gold Forward Contract Loss as Hedging, Qualifying as Business Loss, Not Speculative Loss.
September 5, 2017
Case Laws Income Tax HC
Forward contract loss - speculation loss or not - trading of gold and bullion - CIT(A) and ITAT has rightly considered all the materials on record to conclude that the impugned loss amounts to hedging loss and constitutes business loss. - HC
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