K Vijay Singh Chauhan (14 Points)
13 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195643 Points)
Replied 13 June 2017
Refer: 1. /forum/speculative-non-speculative-business-57258.asp
2. https://orange.taxsutra.com/articles/639670b576d2dae02d4db2f87da8e3/expert_article
ajith
(CA final student)
(51 Points)
Replied 13 June 2017
speculative business loss cannot set-off with the non speculative business profit, but the non speculative business loss can be set off with speculative business profit.
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