As derivative transactions being separate from trading in ...

Derivative Transactions Exempt from Section 73: Losses Can Offset Business Income When Traded on Recognized Stock Exchange.

April 17, 2018

Case Laws Income Tax HC

As derivative transactions being separate from trading in shares, provisions of Explanation to Section 73 will not be applicable to such transactions and hence, the loss incurred by the assessee in derivative transactions through recognised stock exchange has to be set off against other business income as per provisions of the Act. - HC

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As derivative transactions being separate from trading in ...

Derivative Transactions Exempt from Section 73: Losses Can Offset Business Income When Traded on Recognized Stock Exchange.

April 17, 2018

Case Laws Income Tax HC

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