Taxpayer Can Offset Cash Segment Loss Against Derivative Income in Arbitrage Activities. https://www.taxtmi.com/highlights?id=37243 Speculation loss or not - the loss suffered in cash segment, being an integrated part of the total arbitrage activities has to be allowed / set off against income from derivative segment. - Loss earned by assessee on account of purchase and sale of securities allowed against income earned in derivative transactions. - AT en-us Thu, 21 Dec 2017 10:13:36 +0530 Thu, 21 Dec 2017 10:13:36 +0530 TaxTMI RSS Generator Taxpayer Can Offset Cash Segment Loss Against Derivative Income in Arbitrage Activities. https://www.taxtmi.com/highlights?id=37243 Speculation loss or not - the loss suffered in cash segment, being an integrated part of the total arbitrage activities has to be allowed / set off against income from derivative segment. - Loss earned by assessee on account of purchase and sale of securities allowed against income earned in derivative transactions. - AT Highlights Income Tax Thu, 21 Dec 2017 10:13:36 +0530 https://www.taxtmi.com/highlights?id=37243