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Set off losses from trading shares against business income

Tax queries 341 views 1 replies

Hi,

I have small income from salary, income from business contract as contractor and loss from share trading business as share trader (my portfolio is trader not investor).My query is can i set off business losses from share trading againest profit from contract business.

Replies (1)
Originally posted by : suman
Hi,

I have small income from salary, income from business contract as contractor and loss from share trading business as share trader (my portfolio is trader not investor).My query is can i set off business losses from share trading againest profit from contract business.

Hi, Can i setoff business loss from share trading as trader againest profit from other business like contract work


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