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?
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Set off of loss
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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