banner_ad

INTRA HEAD ADJ

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 December 2008 I HAVE RECEIVED BROKERAGE INCOME AND ON THE OTHER HEAD I HAVE INCURRED LOSS IN DERIVATIVE TRADING

CAN THE TWO BE ADJUSTED

PLEASE HELP
Profile Image

CA RAMESH KUMAR AHUJA

Profile Image

CA RAMESH KUMAR AHUJA (Expert)
15 December 2008 As the Income from derivatives of stock market are non-speculative in view of the provisions of Section 43(5) of the Income Tax Act, the loss from one activity may be adjusted against profit from other activity(Refer Sections 70 to 72)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details