CAN I BOOK LOSS FROM INTRADAY TRADING OF EQUITY SHARES

CAN I BOOK LOSS FROM INTRADAY TRADING OF EQUITY SHARES IN FY 2019-20 ALONG WITH MY BUSINESS INCOME ? 

 

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Quick Summary
You can book losses from intraday equity share trading in FY 2019-20. However, these losses are classified as speculation losses and cannot be offset against your regular business income. Such losses can only be set off against other speculation gains. Be aware that claiming these losses may require an audit.

Yes, but you can't set off such loss of intra day trading with business income
Such loss is Speculation loss and can be set off against speculation gain. Loss you can definitely book.
No you can't claim loss on intraday trading without audit

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