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Loss in fo & commodities

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 April 2012 my income from tution etc is 2.5 lakh PA and i have loss of 1lakh in share FO & commodities.
Can this short term loss be adjusted from my income?
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swasti

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swasti (Expert)
14 April 2012 No this loss could not be adjusted by your tuition income. This loss has to be c/f & adjusted by future income of FO & Commodities.

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