https://www.taxtmi.com/highlights?id=63350 Speculative transactions - set off of the loss - transaction in derivatives on recognized stock exchange as defined under Section 43 (5) (d) of the Income Tax Act, 1961 with reference to explanation given to Section 73 - the transactions in respect of the trading in derivatives as prescribed in clause (d) inserted in proviso to Section 43(5) would not be a speculative transaction. - The appellant was entitled to claim set off of the loss suffered by the appellant - HC en-us Mon, 09 May 2022 08:40:23 +0530 Mon, 09 May 2022 08:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63350 Speculative transactions - set off of the loss - transaction in derivatives on recognized stock exchange as defined under Section 43 (5) (d) of the Income Tax Act, 1961 with reference to explanation given to Section 73 - the transactions in respect of the trading in derivatives as prescribed in clause (d) inserted in proviso to Section 43(5) would not be a speculative transaction. - The appellant was entitled to claim set off of the loss suffered by the appellant - HC Highlights Income Tax Mon, 09 May 2022 08:40:23 +0530 https://www.taxtmi.com/highlights?id=63350