https://www.taxtmi.com/article/detailed?id=5261 Losses from derivative trading tied to stocks and shares are treated as speculative under section 73 when a company's purchase and sale of shares falls within the Explanation; such speculative losses can be set off only against speculative profits and, if not fully set off, carried forward subject to the statutory temporal limit, whereas section 43(5) lists limited exclusions for eligible exchange traded derivative transactions which remain relevant to classification. en-us Tue, 03 Sep 2013 15:18:45 +0530 Tue, 03 Sep 2013 15:18:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5261 Losses from derivative trading tied to stocks and shares are treated as speculative under section 73 when a company's purchase and sale of shares falls within the Explanation; such speculative losses can be set off only against speculative profits and, if not fully set off, carried forward subject to the statutory temporal limit, whereas section 43(5) lists limited exclusions for eligible exchange traded derivative transactions which remain relevant to classification. Articles Income Tax Tue, 03 Sep 2013 15:18:45 +0530 https://www.taxtmi.com/article/detailed?id=5261