Disallowance in respect of Hedging Loss - there is no such ...

Hedging Loss Claim Denied: Insufficient Evidence Shows NCDEX Transactions Were for Hedging Actual Goods Contracts.

December 28, 2018

Case Laws Income Tax AT

Disallowance in respect of Hedging Loss - there is no such detail available to show that the alleged transactions entered on the portal of NCDEX were entered to counter or hedge the probable loss from the contract for actual delivery of goods. - To be treated as speculative loss.

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Disallowance in respect of Hedging Loss - there is no such ...

Hedging Loss Claim Denied: Insufficient Evidence Shows NCDEX Transactions Were for Hedging Actual Goods Contracts.

December 28, 2018

Case Laws Income Tax AT

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