From F.Y.2020-21 Divided income is taxable as a normal slab rate.
Can I set off current year future and option loss against divided income?
Menu
F.Y.2020-21 future and option loss.
Replies (2)
I think you cannot set off of f and o loss against dividend income because speculation loss can be set off against only speculation income
Sir,
I think that, Future and Option activity is treated as normal business for Income Tax purpose.
Recent Threads
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
- TDS on Property- 26QB filing Doubt
- HSN code for Exempted supplies
Related Threads
CAclubindia
