https://www.taxtmi.com/highlights?id=53772 Revision u/s 263 - speculative loss in view of Section 43(5) - transactions were duly backed by contract notes, transactions were entered into by account payee cheque. The assessee proved that MCA Stock Exchange Ltd was notified for the purpose of section 43(5) of the Act - currency derivative loss is not a speculation loss. en-us Sat, 20 Jun 2020 07:17:01 +0530 Sat, 20 Jun 2020 07:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53772 Revision u/s 263 - speculative loss in view of Section 43(5) - transactions were duly backed by contract notes, transactions were entered into by account payee cheque. The assessee proved that MCA Stock Exchange Ltd was notified for the purpose of section 43(5) of the Act - currency derivative loss is not a speculation loss. Highlights Income Tax Sat, 20 Jun 2020 07:17:01 +0530 https://www.taxtmi.com/highlights?id=53772