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Mcx profit and derivatives profit ( f&o)

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(Querist)
07 July 2014 dear sirs,

i would like to know is profit from mcx trading and loss from futures trading in nse futures segment can be setoff
as it is said both are business
please comment
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
07 July 2014 yes if one of them is not speculative and both are business income then set off is allowed.

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