Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Marked-to-Market Losses: Tax Deduction Rules Clarified for Assessees Under Section 36(1)(xviii) and Section 40(13)</h1> A legal provision addressing marked to market losses in income tax calculations, effective from Assessment Year 2017-18. The rule allows specific expenditure deductions for marked to market losses when computed according to Income Computation & Disclosure Standards. Applicable to all assessees, the provision restricts deductions through Section 40(13), permitting only those losses explicitly allowable under Section 36(1)(xviii).