Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

F & o loss

This query is : Open

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

21 May 2014 Hi,

During FY 2014-15 , I have Net Loss of INR 65000/- approx from F & O transactions.

My turnover during the period is around 4 lakhs.

Whether maintaining books & audit of same will be required for claiming & carry forward of F & o Loss

Thanks...

Rupesh Jain

Rupesh Jain (Expert)
Follow

21 May 2014 you are doing speculation business
can carry forward for 4 years and set off agst speculation income.

Querist : Anonymous

Querist : Anonymous (Querist)

22 May 2014 Thanks... But will be audit compulsory for claiming f & o loss

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Ankit Kumar Kabra

Ankit Kumar Kabra

Pro Member RAMBIR singh

RAMBIR singh

Pro Member Dhananjay Singh

Dhananjay Singh

Pro Member Anurag Sharma

Anurag Sharma

Pro Member Ankush Porlekar

Ankush Porlekar

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

ARTICLESHIP 17 May 2026

CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details

16 May 2026

Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details

ARTICLESHIP 08 June 2026

Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details

26 May 2026

Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details

26 May 2026

Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details

ARTICLESHIP 23 May 2026

Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details

21 May 2026

Associate

PWC

Kolkata

CA

View Details

29 May 2026

Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details