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capital gain

This query is : Resolved 
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(Querist)
24 February 2011 Please let me know that, Speculation profit can be set off against derivative & F&O loss.
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
24 February 2011 yes,Speculation profit can be set off against derivative & F&O loss,
but Speculation loss can not be adjusted against derivative & F&O profit .
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
08 October 2021 Yes, Non Speculative loss can be set off against speculative income , but not vice versa.
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