My client trade intraday business, can I add straight away his profit /loss at the end of the year as Other source income? If Loss is there any limitations? His total income from intraday business less than 10 lakhs.
please advise.
MURALIDOSS (INCOME TAX PRACTITIONER) (1314 Points)
03 December 2017My client trade intraday business, can I add straight away his profit /loss at the end of the year as Other source income? If Loss is there any limitations? His total income from intraday business less than 10 lakhs.
please advise.
B.Aravind
(student)
(39 Points)
Replied 03 December 2017
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1314 Points)
Replied 03 December 2017
CAclubindia
