https://www.taxtmi.com/caselaws?id=215798 The Tribunal upheld the CIT(A)'s decision, ruling in favor of the assessee, allowing the adjustment of losses from futures & options transactions with short term capital gains. The Tribunal considered legislative amendments and judicial precedents, concluding that the losses were not speculative and could be set off against short term capital gains. en-us Thu, 28 Jun 2012 00:00:00 +0530 Sat, 18 Aug 2012 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215798 The Tribunal upheld the CIT(A)'s decision, ruling in favor of the assessee, allowing the adjustment of losses from futures & options transactions with short term capital gains. The Tribunal considered legislative amendments and judicial precedents, concluding that the losses were not speculative and could be set off against short term capital gains. Case-Laws Income Tax Thu, 28 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215798