Bussiness Loss of Derivatives, F & O
This query is : Resolved
CA Amit H Dakshinee
(Querist)
02 December 2008
Dear All
Pl help me as regards to following,
is Bussiness loss from derivative, F & O is in the nature of Speculative Loss ?????
if yes/no
Can it set off against current year's Non speculative Bussiness Profit ??
pl Help Me all.....
Thanks
Amit H Dakshinee
Pl help me as regards to following,
is Bussiness loss from derivative, F & O is in the nature of Speculative Loss ?????
if yes/no
Can it set off against current year's Non speculative Bussiness Profit ??
pl Help Me all.....
Thanks
Amit H Dakshinee
Ravikumar.G
(Expert)
02 December 2008
Transfer of derivatives - Not a Speculative transaction.
It can be set off only against respective capital Gain transactions.
It can be set off only against respective capital Gain transactions.
CA. Amit Daga
(Expert)
03 December 2008
BEFORE 2005 DERIVATIVE loss was a speculation loss
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- MSME disclosure and disallowance
- Accounting treatment of AMC alongwith the purchase of Laptop
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
