Individual
124 Points
Joined January 2017
Sir,
Can anyone give me guidance for following,
Can I set off of future and option loss against divided income for A.Y.2021-22.
Divided income is taxable from A.Y.2021-22 and will be charged as a normal rate.
For example,
Divided income 5000000
Less:Furniture
and option loss 3000000
Net income after
Set off of future
and option loss 2000000
Is it correct?
Thanks.