Derivatives loss
This query is : Resolved
15 March 2012
I have a derivative loss and rent income from House property whether I can set off my derivative loss aginst my Rental income.
15 March 2012
Loss on derivatives being a 'non speculation business loss' by virtue of proviso (d) to section 43(5), it can be set off , as per section 71(1), against the 'income from house property'
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