Shares intraday trading whether speculate or not

This query is : Resolved 

12 October 2017 the trading of shares in intraday i.e. buying on the same day and selling on the same day and the loss derived can be set off against income from other sources or not

12 October 2017 Speculation loss can only be set off with speculation profit in same financial year or next financial year.

13 October 2017 Income from Intraday trading is considered as speculative income and any loss from speculative business can be set off only against profit from speculative income

16 October 2017 please explain whether share transaction in derivates and resulting in profit or loss are speculation or non-speculation.

16 October 2017 Transactions in derivatives are non speculative nature

26 October 2017 sir
can i file revised income tax return claiming losses of Rs.8,100,190/- to carry forward to future years and original returnof income for the AY 2016-17 has been already filed admitting income of Rs.6,00090/-


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