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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
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
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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