Futures , Options Etc... Step by step presentation

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Dear Sir,

There are any obligation for Income tax, for Trading in Stocks ?

My turnover upto Mar'2012 - above 50 lacs. but I have accured loss by 30,000/- for that period. 

Can I setoff loss of previous year with next year profit ?

Thanks

Ajay 

9890799561

 

 

 

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