Derivatives Futures Losses Post-April 2006 Not Speculative, Can Offset Other Income for Tax Benefits.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Set-off of loss against transaction in derivatives segment - the transactions of futures segment w.e.f. 01/4/2006 would not be treated as speculation transactions..... - AT....
TaxTMI