https://www.taxtmi.com/forum/issue?id=3590 For a resident taxpayer, Indian tax law permits carried forward losses from domestic derivative trading, which are treated as non speculative under section 43(5), to be set off against profits earned from derivative trading abroad, subject to the statutory carry forward period and the usual conditions for claiming set off. en-us Thu, 24 Nov 2011 11:31:50 +0530 Thu, 23 Jan 2025 15:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3590 For a resident taxpayer, Indian tax law permits carried forward losses from domestic derivative trading, which are treated as non speculative under section 43(5), to be set off against profits earned from derivative trading abroad, subject to the statutory carry forward period and the usual conditions for claiming set off. Discussion-Forum Income Tax Thu, 24 Nov 2011 11:31:50 +0530 https://www.taxtmi.com/forum/issue?id=3590