https://www.taxtmi.com/caselaws?id=778752 ITAT DELHI - AT held that non-speculative business losses from futures and options trading are permissible to set off against capital gains and other income under s.71(2). The assessee, having filed the return within time and claimed the set-off in the original return, is entitled to have the AO allow the claimed set-off. The matter is remitted to the AO to verify the details submitted by the assessee. The appeal is allowed for statistical purposes. en-us Wed, 17 Sep 2025 00:00:00 +0530 Mon, 22 Sep 2025 08:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778752 ITAT DELHI - AT held that non-speculative business losses from futures and options trading are permissible to set off against capital gains and other income under s.71(2). The assessee, having filed the return within time and claimed the set-off in the original return, is entitled to have the AO allow the claimed set-off. The matter is remitted to the AO to verify the details submitted by the assessee. The appeal is allowed for statistical purposes. Case-Laws Income Tax Wed, 17 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778752