Business Loss
This query is : Resolved
17 January 2011
Dear Sir,
Is speculative loss of firm is adjustable from business income. mainly patnership firm is taking franchies of share market (mainly income from brokerage) is adjustable from there business income or not?
Is speculative loss of firm is adjustable from business income. mainly patnership firm is taking franchies of share market (mainly income from brokerage) is adjustable from there business income or not?
Guest
Guest
(Expert)
17 January 2011
speculative loss of firm cannot be adjusted against any other income
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