Income tax

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sir,

please sugguest  Partnership Firm remmuniration Received &  Future Option  as well as  Capital Gain   [  F & o & Capital Gain both  Loss ] loss adjusted  Againist in F& O  Loss Sett off                remmuniration  Salary  7 Lakh  

                                               Future & option Loss    14 lakh  [ above loss sett off  in Partnership Salary ]  

                            Short Term  capital Gain Loss         5 lakh          

if yes or  no  please send   section  

Replies (1)

F&O loss can be set off against partnership firm's salary and interest receipts, as both income assessed u/h PGBP'.......

Not STCL of shares.


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