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Started by CA.BHUPENDRASHAH, June 02, 2011, 03:19:43 PM

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CA.BHUPENDRASHAH

Post s. 43(5) amendment, pre-AY 2006-07 derivatives "speculation" losses have to
be treated as "non-speculation" business losses for purposes of set-off
Gajendra Kumar T Agarwal vs. ITO (ITAT Mumbai)