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Set off

This query is : Resolved 
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(Querist)
23 August 2018 Loss from commodity market at MCX can be set off against professional income
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 August 2018 Yes it can be set off as it's not a speculative loss.
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vijay kumar gupta

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vijay kumar gupta (Querist)
23 August 2018 Thanks sir

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Vishakha Kejriwal.

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Vishakha Kejriwal. (Expert)
24 August 2018 Please read provisos to Section 43(5) of the Income Tax Act.
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