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Short term Capital loss

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(Querist)
03 April 2008 hi all,

I want to know about short term capital loss from share. Can i set-off the loss from short term capital loss of share against business proffession or Salary income ?

any one help me for solve this matter ?


Thanks all

regards,
Hitesh Thacker
+91 9898138625
Gandhidham - Kutch
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
04 April 2008 No
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
04 April 2008 NO SHORT TERM CAPITAL LOSS CAN ONLY BE SET OFF AGAINST SHORT TERM OR LONG TERM CAPITAL GAIN .STCL CANNOT BE SET OFF WITH OTHER SOURCE OF INCOME NEITHER WITH PGBP NOR WITH SALARY INCOME
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