Experts help???

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135 Points Posted on 30 April 2020
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
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On 30 April 2020 at 19:01 Report
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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.

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10 Points Posted on 30 April 2020
Yes except from salary.
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On 30 April 2020 at 19:36
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135 Points Posted on 30 April 2020
Thnk u
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On 30 April 2020 at 19:58

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