treatment of short term capital loss from future and option
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2010
Hi. PLease help me. I have short term capital loss from F&O trading short term capital gain from other normal investment[stt paid]. can i sett off this loss and gain.
28 July 2010
Loss from F & O trading is non speculation business loss and not STC Loss and it can be set off against short term capital gain from other normal investment[stt paid].
28 July 2010
Pleas note that any profit/loss on F & O is trated as Business loss/profit not Capital gain.
If you have short term profit from sale of shares, you can adjust will loss on F& O
If you have short term profit from sale of shares, you can adjust will loss on F& O
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