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Loss from trade of options in Index in stock market

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(Querist)
17 July 2022 Loss from trade of option is considered which type of loss? Can we adjust interest income or business income from losses of option trading? Pl clarify with details?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 July 2022 It's business loss can be adjusted against interest income.
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ARUN GUPTA

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ARUN GUPTA (Querist)
18 July 2022 Can we adjust this loss against commission received from parties?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 July 2022 Yes it's business income.

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