Can intrady profile in share can set-off loss in f&o
Ashish Chaplot (3 Points)
21 April 2018Ashish Chaplot (3 Points)
21 April 2018
C THANGAVELU
(SENIOR SECTION OFFICER ACCOUNTS)
(23 Points)
Replied 21 April 2018
IS CLUBBING OF MY RETIREMENT INCOME WITH MY HOME MAKER WIFE INCOME INTRADAY INCOME AND LOSSES?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 21 April 2018
Originally posted by : Ashish Chaplot | ||
Can intrady profit in share can set-off loss in f&o, doing trading as a business. |
YES
Non-speculative business loss can be set off against income from speculative business.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 21 April 2018
Originally posted by : C THANGAVELU | ||
IS CLUBBING OF MY RETIREMENT INCOME WITH MY HOME MAKER WIFE INCOME INTRADAY INCOME AND LOSSES? |
NO, if the intraday trading is linked to her PAN.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"