https://www.taxtmi.com/caselaws?id=391405 The Tribunal allowed the appeal, directing the Assessing Officer to treat losses from derivative transactions as normal business losses. The Tribunal instructed the Assessing Officer to allow the set off of such losses against income from other heads, resulting in the recalculated taxable income of the assessee. en-us Tue, 31 Dec 2019 00:00:00 +0530 Mon, 27 Jan 2020 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391405 The Tribunal allowed the appeal, directing the Assessing Officer to treat losses from derivative transactions as normal business losses. The Tribunal instructed the Assessing Officer to allow the set off of such losses against income from other heads, resulting in the recalculated taxable income of the assessee. Case-Laws Income Tax Tue, 31 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391405