Can intrady profile in share can set-off loss in f&o

21 April 2018

Can intrady profile in share can set-off loss in f&o, doing trading as a business.

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3 Replies

C THANGAVELU (SENIOR SECTION OFFICER ACCOUNTS) (23 Points)
Replied 21 April 2018

IS CLUBBING OF MY RETIREMENT INCOME WITH MY HOME MAKER WIFE INCOME INTRADAY INCOME AND LOSSES?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (182309 Points)
Replied 21 April 2018

Originally posted by : Ashish Chaplot
	Can intrady profit in share can set-off loss in f&o, doing trading as a business.

YES

Non-speculative business loss can be set off against income from speculative business.

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (182309 Points)
Replied 21 April 2018

Originally posted by : C THANGAVELU
	IS CLUBBING OF MY RETIREMENT INCOME WITH MY HOME MAKER WIFE INCOME INTRADAY INCOME AND LOSSES?

NO, if the intraday trading is linked to her PAN.

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