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is speculation loss is adjusted with house property incoem

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Querist : Anonymous

Querist : Anonymous (Querist)

17 November 2009 dear can i adjust my speculation loss from share with my rental income from house property

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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17 November 2009 no

C.A.Amitabh Gupta

C.A.Amitabh Gupta (Expert)
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17 November 2009 The Loss in a speculation business cannot be set-off against any other income. It can only be set-off only against profit in the speculation business

Querist : Anonymous

Querist : Anonymous (Querist)

17 November 2009 very very thanks all of u

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