Treatment of f&o loss in it returns
This query is : Resolved
04 June 2012
Hello,
I am salaried person. I incurred a loss of Rs. 50,000.00 in F&O trading.
How do I treat the losses and can I book losses against salary income?
I am salaried person. I incurred a loss of Rs. 50,000.00 in F&O trading.
How do I treat the losses and can I book losses against salary income?
05 June 2012
NO YOU CAN NOT ADJUST F&o LOSSES AGAINST SALARY.
IF YOU HAVE ANY CAPITAL GAINS SAME CAN BE ADJUSTED AGAINST THE LOSSES.
IF YOU HAVE ANY CAPITAL GAINS SAME CAN BE ADJUSTED AGAINST THE LOSSES.
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