tax saving

This query is : Resolved 

12 March 2009 is there any way by which a person who has incured loss in share market can set it off with his other business, where he has earned profit? is it possible for him to show his investement in share as a saperate business and than claim set off? please reply... thank you

12 March 2009 if your business is trading in shares & if it future & option then you will get setoff from other business
intra day trading that is day trading is a speculative loss & this loss is not availabe against any other income

14 March 2009 thanks for making me sure abt my decision.. it was a great help




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