F& o trading

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 March 2014 I had incurred loss 98525 in f&O trading (equity shares) please advice how i report in ITR.


10 March 2014 1. It is a loss from Speculation Business.

2. It will be shown under the head Income from Business or Profession.

3. Such loss can be carried forward for 4 years.

4. Such loss can only be set off from Income from speculation business.



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