https://www.taxtmi.com/caselaws?id=215384 The Tribunal allowed the appeal of the assessee, permitting the set off of short term capital loss against short term capital gain in derivative trading and reversing the disallowance of commission to foreign agents. The judgment emphasized the importance of statutory provisions and upheld the intention of the legislature to make the statute effective and operative. en-us Fri, 22 Jun 2012 00:00:00 +0530 Fri, 03 Aug 2012 06:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215384 The Tribunal allowed the appeal of the assessee, permitting the set off of short term capital loss against short term capital gain in derivative trading and reversing the disallowance of commission to foreign agents. The judgment emphasized the importance of statutory provisions and upheld the intention of the legislature to make the statute effective and operative. Case-Laws Income Tax Fri, 22 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215384