If derivative transactions on the spot market are delivery based ...
Delivery-Based Derivative Transactions Eligible for Bad Debt Write-Offs Under Income Tax Act Section 36(1)(vii) & 36(2.
February 28, 2019
Case Laws Income Tax AT
If derivative transactions on the spot market are delivery based and not speculative in nature, claim of bad debt written off u/s 36(1)(vii) are allowable subject to condition mentioned in 36(2).
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