Set off of loss

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From F.Y.2020-21 Divided income is taxable as a normal slab rate. Can I set off current year future and option loss against divided income?

 

Replies (8)
I think yes because f&o loss is considered as non speculative business loss and you can set off with in non speculative income.

Thank you very much Sir.

Thank you very much Sir.

I think you can not because speculation loss can be set off against speculation income only

I think that Furture and Option activity is treated as normal income .

Yes you can

Thank you very much Sir. 

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