Can equity stcg be offset against F & O short term losses

Rashmi (others) (28 Points)

28 July 2011

Hi,

Can short term capital gains made while trading in equities (shares) be offset against short term capital losses suffered in Futures and options?

Thanks

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3 Replies

VIJAY KUMAR B (Articles) (37 Points)
Replied 28 July 2011

STCL can be always set off against the STCG no matter what the asset is

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Chintan (Accounts and Finance Executive CS Executive Pursuing) (98 Points)
Replied 28 July 2011

AGREE WITH MR KUMAR

urvi jitendra bhavsar (CA Final Student) (116 Points)
Replied 28 July 2011

There cannot be STCL from F&O as these are considered as speculative losses

And Speculative loss can be set off against speculative income only and not from nay other heads of income.................

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