CAN I BOOK LOSS FROM INTRADAY TRADING OF EQUITY SHARES

Tax planning 128 views 3 replies

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

 

Replies (3)
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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