https://www.taxtmi.com/caselaws?id=218746 The tribunal upheld the Ld. CIT(A)'s decision allowing set-off of speculative loss against business income, determining that derivative transactions on recognized stock exchanges were not speculative. The tribunal dismissed the revenue's appeal and the assessee's cross-objection, concluding the case. en-us Fri, 31 Aug 2012 00:00:00 +0530 Sat, 24 Nov 2012 01:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218746 The tribunal upheld the Ld. CIT(A)'s decision allowing set-off of speculative loss against business income, determining that derivative transactions on recognized stock exchanges were not speculative. The tribunal dismissed the revenue's appeal and the assessee's cross-objection, concluding the case. Case-Laws Income Tax Fri, 31 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218746