Gain on ESOP be adjusted against Share Loss

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 June 2011 Dear Sir / Madam,

Can gain from ESOP be adjusted against short term share trading loss.

Thanks in advance

26 June 2011 It can be adjusted provided the short term
trading loss is not a day trading loss.
Day Trading loss is treated as speculation loss.

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2011 If I have loss in fuure & Option, can that loss be adjusted against the income from ESOP.

19 July 2011 Loss in futures & option is treated as business loss by the virtue of section 43(5) and As per Section 71, such loss can be adjusted against Capital Gains in the same year.


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