Loss in fo & commodities
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 April 2012
my income from tution etc is 2.5 lakh PA and i have loss of 1lakh in share FO & commodities.
Can this short term loss be adjusted from my income?
Can this short term loss be adjusted from my income?
14 April 2012
No this loss could not be adjusted by your tuition income. This loss has to be c/f & adjusted by future income of FO & Commodities.
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