Commodity loss
Anand Vyas (-) (25 Points)
01 March 2019Thanx in advance .
Anand Vyas (-) (25 Points)
01 March 2019
CA. Umesh kumar
(ca.umesh11@gmail.com)
(1465 Points)
Replied 01 March 2019
He should file return. Loss from derivative trading (commodity) can be carried forward for future years which can be set off from profit of future assessment years. If he does not file return showing loss from commodity he can can not set off that loss from profit. CA umesh kumar- 9717597230
Priya Kashyap
(Student)
(7048 Points)
Replied 09 March 2019