17 August 2025
I have less than 3 lakh other income but large LTCG. I also have some derivative loss.
my f&o loss is getting adjusted against other income , not from LTCG. Does the loss gets adjusted from other income before LTCG, even if other income is below taxable value
17 August 2025
Yes, it gets adjusted from other income till it gets nullified. If any thing excess gets carry forward. The business loss cannot be adjusted against capital gains.