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Case Law Details

Case Name : ABN Amro Securities India Pvt. Ltd. Vs. ITO (ITAT Mumbai)
Appeal Number : ITA No. 7073/Mum/06
Date of Judgement/Order : 26/08/2011
Related Assessment Year : 2003- 04
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ABN Amro Securities India Pvt. Ltd. Vs. ITO (ITAT Mumbai)- When anticipated profits on unmatured contracts are held, to be non-taxable, there is no good reason as to why anticipated losses on unmatured contracts can be taken into account while computing business income, we find that there is an i

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