set of the losses
This query is : Resolved
29 January 2008
Trades without STT (overseas):
A. Gains from overseas stocks sale (long term: more than 1 year
holding) = 1,00,000
B. Capital Gains from overseas stock options (Same day purchase and
sell) = 1,00,000
C. Difference in vesting day price and allotment price for options
in B above = 1,00,000
D. FBT paid on the stock options to the employer = 33,900
E. Total profit in overseas stock options (B + C - D) = 1,66,100
F. Speculative gains (losses) in overseas market (Futures and
options) = (1,50,000)
Trades with STT:
G. Short term gains (losses) in domestic exchange = 50,000
H. Speculative gains (losses) in domestic exchange (Futures and
options) = (3,00,000)
Other income:
I. Income from bank deposits = 50,000
J. Salary income = 5,00,000
Queries:
What is the best way to offset the above losses with gains to
minimize tax implications?
Can overseas stock options gains be offset against domestic market
speculative losses?
Can overseas speculative losses be offset against salary or interest
income?
A. Gains from overseas stocks sale (long term: more than 1 year
holding) = 1,00,000
B. Capital Gains from overseas stock options (Same day purchase and
sell) = 1,00,000
C. Difference in vesting day price and allotment price for options
in B above = 1,00,000
D. FBT paid on the stock options to the employer = 33,900
E. Total profit in overseas stock options (B + C - D) = 1,66,100
F. Speculative gains (losses) in overseas market (Futures and
options) = (1,50,000)
Trades with STT:
G. Short term gains (losses) in domestic exchange = 50,000
H. Speculative gains (losses) in domestic exchange (Futures and
options) = (3,00,000)
Other income:
I. Income from bank deposits = 50,000
J. Salary income = 5,00,000
Queries:
What is the best way to offset the above losses with gains to
minimize tax implications?
Can overseas stock options gains be offset against domestic market
speculative losses?
Can overseas speculative losses be offset against salary or interest
income?
30 January 2008
Trades without STT (overseas):
A. Gains from overseas stocks sale (long term: more than 1 year
holding) = 1,00,000
B. Capital Gains from overseas stock options (Same day purchase and
sell) = 1,00,000
C. Difference in vesting day price and allotment price for options
in B above = 1,00,000
D. FBT paid on the stock options to the employer = 33,900
E. Total profit in overseas stock options (B + C - D) = 1,66,100
F. Speculative gains (losses) in overseas market (Futures and
options) = (1,50,000)
Trades with STT:
G. Short term gains (losses) in domestic exchange = 50,000
H. Speculative gains (losses) in domestic exchange (Futures and
options) = (3,00,000)
Other income:
I. Income from bank deposits = 50,000
J. Salary income = 5,00,000
Queries:
What is the best way to offset the above losses with gains to
minimize tax implications?
Can overseas stock options gains be offset against domestic market
speculative losses?
Can overseas speculative losses be offset against salary or interest
income?
your earlier response will be highly appreciated
A. Gains from overseas stocks sale (long term: more than 1 year
holding) = 1,00,000
B. Capital Gains from overseas stock options (Same day purchase and
sell) = 1,00,000
C. Difference in vesting day price and allotment price for options
in B above = 1,00,000
D. FBT paid on the stock options to the employer = 33,900
E. Total profit in overseas stock options (B + C - D) = 1,66,100
F. Speculative gains (losses) in overseas market (Futures and
options) = (1,50,000)
Trades with STT:
G. Short term gains (losses) in domestic exchange = 50,000
H. Speculative gains (losses) in domestic exchange (Futures and
options) = (3,00,000)
Other income:
I. Income from bank deposits = 50,000
J. Salary income = 5,00,000
Queries:
What is the best way to offset the above losses with gains to
minimize tax implications?
Can overseas stock options gains be offset against domestic market
speculative losses?
Can overseas speculative losses be offset against salary or interest
income?
your earlier response will be highly appreciated
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Under construction property in ITR
- Not able to file ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Regarding ITR filing with more value than showing in AIS/TIS
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
