F & O Loss

This query is : Resolved 

03 August 2010
A Salaried assesse has F & O Loss as wel as derivatives loss . So wat wd b the treatment of both of these in the ITR ?
can these b set-off against stcg.? and which itr wd b used as the assesse has some interest income apart from these;?

03 August 2010 F & O Loss in non speculation business income.

They can be set off against STCG.

ITR - 4 to be used as it is business income.


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