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Share/currency/fo profit/loss taxability


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2015 I had a below listed Profit & Loss in the FY. 2014-15. I want to know under which heads of income should I recognise the each profit/loss.
Also inform me the tax liability ?

1. Share Trading Profit (Delivery Base) Rs. 40305/-
2. Share Trading Loss (Intraday) Rs. 45084/-
3. Derivative Profit Rs. 64737/-
4. Currency Loss Rs. 71595/-

Can the losses be setoff against the profit ?

04 July 2015 should you being knowing all this as basic taxation?

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 July 2015 Yes I know all the basics.




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Querist : Anonymous

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Querist : Anonymous (Querist)
06 July 2015 Yes I know all the basics.



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