Dear Members,
If a person has F&O loss being shown as Business Loss, can STT paid be added to the loss and carried forward to next year ?
Thanking You,
Piyal
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STT
Replies (2)
In addition to the question above
If a person has F&O loss being shown as Business Loss, can STT paid be added to the loss and carried forward to next year ?
Can you quote the related section/regulation/guidance (a) In case STT can be added to loss and (b) In case the STT loss can be carried forward to the next year
Thanks.
F & O loss will be treated as Speculative loss and carry forward to be adjusted with speculative Income in the next 4 year (Section 73). STT paid will form part of Loss and it will add our loss.
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