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forex trading

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(Querist)
08 August 2007 Dear sir,

I wish to know that does one can adjust his FOREX TRADE LOSS again stock market profit ?

If yes,then which type of Trading profit covered to adjust forex trading loss ? Intraday or Delivery base profit of stocks ?

And if nothing about all then one has to ready to suffer this loss of forex trading?

Any cues ???


Thanking you,
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Manish

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Manish (Querist)
08 August 2007 wait
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Manish

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Manish (Querist)
08 August 2007 wait please
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Manish

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Manish (Querist)
08 August 2007 wait
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Manish

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Manish (Querist)
08 August 2007 reply me
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CA Mani

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CA Mani (Expert)
13 August 2007 Trading profit cannot be setoff against forex loss.

Forex loss is ordinary item as per AS5.

Trading profit/ loss is extra-ordinary item.

You cannot setoff both against each other.

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