Depriciation
This query is : Resolved
05 November 2015
Depriciation can deduct from Share Market Profit , Salary , Partnership Income
05 November 2015
I assume that your are talking about set off of losses. In normal scenario if your sharemarket profits are in the nature of speculative business then you can claim depreciation. Against salary you cannot claim. Against partnership income there are 2 schools of thought one say it can be claimed few say it cannot be claimed.
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