HOW TO HANDEL LOSS IN FNO IN INCOME TAX
This query is : Resolved
21 March 2011
IN CURRENT YEAR (01-04-10 TO 31-03-11) FOLLOWING ARE INCOME OR LOSS : (A) PENSION INCOME:2.5 LACS INTREST INCOME :2.00 LACS AND LOSS IN FNO (derivatives):2.00 LACS , WHAT IS MY TAX LIBALITY,MAY I SETOFF THIS LOSS WITH INTREST INCOME OR PENSION INCOME IF NOT THEN MAY I CARRYOVER THIS LOSS FOR NEXT YEAR (& HOW MUCH YEAR). PL ADVISE
22 March 2011
what is fno
23 March 2011
NAVIN SIR, FNO MEANS FUTURES AND OPTION OR SAY DERIVATIVES LOSS IN STOCK MARKET
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