https://www.taxtmi.com/caselaws?id=351475 The High Court upheld the decision of the CIT(A) and the Tribunal, ruling that the losses from Futures & Options transactions should be treated as business losses and not speculative losses. The court considered previous rulings and concluded in favor of the assessee, dismissing the appeal and affirming the treatment of the losses as business losses. en-us Tue, 05 Sep 2017 00:00:00 +0530 Sat, 25 Nov 2017 08:07:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351475 The High Court upheld the decision of the CIT(A) and the Tribunal, ruling that the losses from Futures & Options transactions should be treated as business losses and not speculative losses. The court considered previous rulings and concluded in favor of the assessee, dismissing the appeal and affirming the treatment of the losses as business losses. Case-Laws Income Tax Tue, 05 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351475