forex trading


This query is : Resolved 

(Querist)
08 August 2007 Dear sir,

I wish to know that does one can adjust his FOREX TRADE LOSS again stock market profit ?

If yes,then which type of Trading profit covered to adjust forex trading loss ? Intraday or Delivery base profit of stocks ?

And if nothing about all then one has to ready to suffer this loss of forex trading?

Any cues ???


Thanking you,


Manish (Querist)
08 August 2007 wait

Manish (Querist)
08 August 2007 wait please

Manish (Querist)
08 August 2007 wait

Manish (Querist)
08 August 2007 reply me

CA Mani (Expert)
13 August 2007 Trading profit cannot be setoff against forex loss.

Forex loss is ordinary item as per AS5.

Trading profit/ loss is extra-ordinary item.

You cannot setoff both against each other.


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