12 March 2009
is there any way by which a person who has incured loss in share market can set it off with his other business, where he has earned profit? is it possible for him to show his investement in share as a saperate business and than claim set off? please reply... thank you
12 March 2009
if your business is trading in shares & if it future & option then you will get setoff from other business intra day trading that is day trading is a speculative loss & this loss is not availabe against any other income