Loss i.e. MCX trading loss - activities of derivative - AO ...
Case Laws Income Tax
February 14, 2023
Loss i.e. MCX trading loss - activities of derivative - AO before rejecting the contention of the assessee could have verified from the broker who is registered with the exchange. In the absence of any verification by the AO, genuineness of the loss claimed by the assessee cannot be doubted. - AT
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