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Easy Office

Income Tax setoff of F& O Business loss

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(Querist)
24 September 2009 Can F& O business loss can be setoff against normal business profit from other business since F & o business is not treated as speculative business
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Rajeev

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Rajeev (Expert)
24 September 2009 yes it can be 43(5)
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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
25 September 2009 Yes u can.
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