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<h1>Marked to market loss deduction allowed only when computed under ICDS, restricting claims to statutory compliance.</h1> Deductibility of marked to market or other expected losses is permitted only when computed under the Income Computation and Disclosure Standards (ICDS); this rule applies to any assessee and covers investments subject to mark to market valuation, with a statutory restriction disallowing such deductions except as expressly permitted by the relevant provision.