CAN I BOOK LOSS FROM INTRADAY TRADING OF EQUITY SHARES IN FY 2019-20 ALONG WITH MY BUSINESS INCOME ?
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 15 January 2021
Yes, but you can't set off such loss of intra day trading with business income
Kapadia Pravin
(17264 Points)
Replied 15 January 2021
Such loss is Speculation loss and can be set off against speculation gain. Loss you can definitely book.
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 15 January 2021
No you can't claim loss on intraday trading without audit
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