Trading of shares

Tax queries 625 views 3 replies

1) Can the loss from trading of commoditiesbe set off against the profit from trading of shares in future and options?

 

2) Whether future & options - trading of shares is a speculative loss or a business loss?

Replies (3)

trading in futures is  speculative

both are speculative and can be adjusted..

Future & options trading in shares is not speculative. Pls go through Section 43 (5).


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