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Speculation Business?

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28 August 2009 A company is dealing in trading of shares. It is also simultaneously doing transactions in F & O (Speculation). My query is whether both the business will be considered seperate i.e. one of normal business of share trading & other of Speculation. If yes then i believe the loss from F & O shall not be allowed to be set off against the normal business. Is this view correct?
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Krunal Raichura

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Krunal Raichura (Expert)
28 August 2009 If the primary business of the company is trading in shares and fno...its a normal business income/loss.
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