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Set off of losses speculative income

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 July 2014 Income from F & O Transactions , Sale of shares without delivery as well as Intraday trading in shares are treated as speculative income


Is it possible to set off their profit /loss against each other ??/
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
21 July 2014 speculative loss can be set off against speculative income only.

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