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capital gain

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(Querist)
29 July 2008 can v set of HPloss wit STCG on speculative business.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
30 July 2008 Query is not clear; You are asking for STCG or Income from speculation business. However, the HPLoss may be setoff from Speculation profit and STCG(except gain u/s 111A)

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