Experts help???

current Yr 2019-20

loss on (f/o)trading

Non -speculative loss of Rs 2,80,000

1.speculative profit Rs 2,110

2.short term profit on shares Rs 25000

3.salary income 450000

4.capital gain on property selling

Rs 20lakh
5 bank interest on s/a
Rs 51000
can I set off non speculative loss with any of these??? plz help
or with whom
Replies (2)
Quick Summary
This discussion covers setting off a non-speculative trading loss of Rs 2,80,000 against various income sources. Experts confirm that this loss can be set off against speculative profit, short-term share profits, capital gains from property, and bank interest. However, it cannot be set off against salary income.

Yes except from salary.
Thnk u

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details