Speculative income.

13 August 2022

Can I set off losses incurred in intraday share trading against income earned in intraday derivatives trading? Please clarify.

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6 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (194848 Points)
Replied 13 August 2022

No. Not eligible..

1 Like

CA Rashmi Gandhi (Chartered Accountant) (86495 Points)
Replied 13 August 2022

No you can't

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Suresh G S (43 Points)
Replied 13 August 2022

Thank you Ma'am Rashmi and Mr. Dhirajlal for clarifying .

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CA Rashmi Gandhi (Chartered Accountant) (86495 Points)
Replied 14 August 2022

Welcome Dear

sabyasachi mukherjee (27797 Points)
Replied 14 August 2022

Speculative income set off is applicable against income earned against share trading but under same head.

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CA Rashmi Gandhi (Chartered Accountant) (86495 Points)
Replied 14 August 2022

Share trading and derivative trading are different

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