banner_ad

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/-


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
26 April 2026
Chartered Accountant

Source HR

Mumbai

CA

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details