Set off of loss of share transaction

This query is : Resolved 

09 May 2014 F&O ( FUTURE OPTION )' LOSS CAN BE SET OFF AGAINST COMMODITY PROFIT AND VICE-VERSE ???????

WHETHER IT IS BUSINESS INCOME OR SPECULATIVE BUSINESS INCOME ???
THERE IS TRADING OF PURCHGASE AND SALE SHARE

09 May 2014 Yes it can be set off. F & O in shares is non speculative business income.

09 May 2014 Commodity profit is also non speculative business income na
AND F&O'loss or profit is it non speculative or speculative business?


09 May 2014 Commodity profit is also non speculative business income na
AND F&O'loss or profit is it non speculative or speculative business?

10 May 2014 w. e. f. 01st July, 2013 trading in commodities F & O is also non speculative business income if traded on a recognised stock exchange in India. F & O in shares is non speculative.

10 May 2014
thanx
dear Aditya



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