Short term capital
Jyoti Narang (Kkk) (1203 Points)
11 November 2022Jyoti Narang (Kkk) (1203 Points)
11 November 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172415 Points)
Replied 11 November 2022
From where the short term loss arrived at?
Jyoti Narang
(Kkk)
(1203 Points)
Replied 11 November 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172415 Points)
Replied 11 November 2022
If intraday, any loss can be set off with speculative business profits.
If F&O loss, can be set off with any other non speculative business profits.
But if capital loss, can be set off only against any capital gains, but not with business profits.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172415 Points)
Replied 11 November 2022
If intraday, any loss can be set off with speculative business profits.
If F&O loss, can be set off with any other non speculative business profits.
But if capital loss, can be set off only against any capital gains, but not with business profits.
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