Set off of loss of share transaction
This query is : Resolved
09 May 2014
F&O ( FUTURE OPTION )' LOSS CAN BE SET OFF AGAINST COMMODITY PROFIT AND VICE-VERSE ???????
WHETHER IT IS BUSINESS INCOME OR SPECULATIVE BUSINESS INCOME ???
THERE IS TRADING OF PURCHGASE AND SALE SHARE
WHETHER IT IS BUSINESS INCOME OR SPECULATIVE BUSINESS INCOME ???
THERE IS TRADING OF PURCHGASE AND SALE SHARE
09 May 2014
Yes it can be set off. F & O in shares is non speculative business income.
09 May 2014
Commodity profit is also non speculative business income na
AND F&O'loss or profit is it non speculative or speculative business?
AND F&O'loss or profit is it non speculative or speculative business?
09 May 2014
Commodity profit is also non speculative business income na
AND F&O'loss or profit is it non speculative or speculative business?
AND F&O'loss or profit is it non speculative or speculative business?
10 May 2014
w. e. f. 01st July, 2013 trading in commodities F & O is also non speculative business income if traded on a recognised stock exchange in India. F & O in shares is non speculative.
10 May 2014
thanx
dear Aditya
thanx
dear Aditya
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
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Type of Capital Gain
- Booth for sales promotion
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
