Income tax - loss by trading in fo

Sonia Rodrigues (1 Points)

24 July 2018  

I have incurred a loss by trading in F&O (that is less than a year) and I run a business and wish to file under presumptive taxation 44ADA. When I was going through the ITR4 form on the income tax website I was unable to find any field that allows me to input these losses.

Please let me know where I can declare these losses. Can I consider these losses as Non Speculative and deduct it from my Business gains?