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set off of Derrivatives loss against businee income

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(Querist)
08 August 2009 can u pls tell me can we take Derivatives loss as business loss and set off it against other business income
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MoHaN GoYaL ( MTAS)

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MoHaN GoYaL ( MTAS) (Expert)
10 August 2009 Mr. HARDIK

U cant set off derivatives loss against business income...

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Mohan Goyal ( ATC)

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