https://www.taxtmi.com/highlights?id=65417 Loss on account of Mark to Market - Speculation or non speculation loss - the gross total income mainly consists of income from house property, income from capital accounts and income from other sources for the assessee and thereby, the case of the assessee falls in the first exception carved out in Explanation to Section 73 - in terms of Section 43(5)(d) of the Act, the loss incurred on futures and options (derivative transactions) would have to be construed only as business loss - AT en-us Fri, 02 Sep 2022 08:10:12 +0530 Fri, 02 Sep 2022 08:10:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65417 Loss on account of Mark to Market - Speculation or non speculation loss - the gross total income mainly consists of income from house property, income from capital accounts and income from other sources for the assessee and thereby, the case of the assessee falls in the first exception carved out in Explanation to Section 73 - in terms of Section 43(5)(d) of the Act, the loss incurred on futures and options (derivative transactions) would have to be construed only as business loss - AT Highlights Income Tax Fri, 02 Sep 2022 08:10:12 +0530 https://www.taxtmi.com/highlights?id=65417