Tax Implications for fno trading

devang modi (8 Points)

28 March 2023  

In india if an individual makes 20 lacs profit in a financial year from commodity FNO trading on mcx and 10 lacs loss on equity FNO trading in same financial year.his net income from FNO trading will be 20-10=10.lacs or equity FNO loss can not be adjusted against mcx commodity FNO profit?