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![Loss from F & O transaction is Speculative Loss, No Set Off since Amendment to s. 73 has Prospective Application: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Share-Trading.jpg "Loss from F & O transaction is Speculative Loss, No Set Off since Amendment to s. 73 has Prospective Application: ITAT [Read Order]")
Loss from F & O transaction is Speculative Loss, No Set Off since Amendment to s. 73 has Prospective Application: ITAT [Read Order]
The Mumbai bench of the ITAT, last week held that loss arising out of future and options (F&O) transactions are speculative loss. The bench, while...