Loss in share market.

how can i manage my loss in share market as i have shown it as short term capital gain in my previous year. Now in this year i am in loss??
Replies (2)

STCG loss can be adjusted against LTCG or STCG. If none is available in current year then carry forward loss

Loss in share Trading can be treated as Business income or Capital Gain income based on the activity level. Of trading. If you are a Regular Trader who does frequent transaction with intention of earning profits quicker, you can show it as Business income and carry forward 8 years (Non Speculative business) and set off the same against any profits, IOC, etc. Best way..!! Other factors like Tax Audit applicable. Check all those.

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