Is speculation loss / short term capital loss better or long

ITR 243 views 2 replies

I HAVE RENTAL INCOME OF 3,00,000/- ANNUALY. PLUS I ALSO DO DAY TRADING (SPECULATION) + OCCASIONLY DELIVERY BASED TRADING (STT PAID IN BOTH CASES)

IF LONG TERM CAPITAL LOSS IS NOT CARRY FORWARD / ADJUSTABLE AGAINST LTCG, THEN, SHOULD I BOOK LOSS NOW AS IT STILL 2 MONTHS SHORT. I AM CURRENTLY HAVING SHORT TERM PROFIT OF RS. 2,700/- (SPECUALTION + DELIVERY) IN 2016 - 2017.

I HAVE OTHER INCOME OF APPROX RS. 40,000/- + SAVING INTEREST OF ABOUT RS. 3,000/-.

Replies (2)

2 months short ?

Explain this

I PURCHASED 500 EQUITY SHARES OF MTNL ON 18-DEC-2015 @ RS. 22/- EACH, AND AGAIN ANOTHER 500 @ 22/- IN JUNE 2016. TOTAL HOLDING 1000.


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