Profit from Jobbing
This query is : Resolved
12 January 2011
A Company is doing Jobbing in F & O at BSE & NSE and incurs a loss at the end of the financial year.
Is loss is business loss and can be set off against short term capital gain
Is loss is business loss and can be set off against short term capital gain
12 January 2011
U/s 71(2) The said business loss can be set off against STCG.
Message likes :
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12 January 2011
Can you please guide how the Company will keep the account of the Jobbing
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