Loss in derivatives

SIR one is 15 lks BUSINEE income and  derivatives  is 2.24 loss , can i set off both and arrive to net profit in business p&l,  OR IT IS TO BE SHOWN IN DIFFERENT HEADS IN INCOME COMPUTATION STATEMENT, MY AUDITOR  IS ADVISING TO DEBIT F&O LOSS DIRECTLY FROM CAPITAL WITH OUT SHOWING ANY EFFECT ON INCOME WILL BE SAFER TO GET NO MORE QUESTIONING FROM DEPARTMENT, PLS GIVE WISER ADVISE , THANK YOU