In the result, the appeal filed by the Revenue is dismissed
Bench: Dr. Manish Borad & Sri Sonjoy Sarma
275/- should be treated as a speculation loss. This information was gathered by ld. AO on the basis of assessment proceedings carried out in the case of the assessee for AY 2010-11 and 2011-12. Accordingly, re-assessment proceedings were completed on 23.11.2015 disallowing the loss from future trading under F & O (Derivatives) and holding