Option in share market

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 June 2011 If I purchased option and not sell in stipulated time(i.e. last thursday of month) and after that value of option become zero what would be tax on short term loss
Niteen

12 June 2011 it will be traeted as business loss
no tax though u can sert it off against business income

CA MANOJ GUPTA
JODHPUR
09828510543



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