Set off of loss

Bharatkumar (Individual) (124 Points)

09 December 2020  
Sir, Can anyone give me guidance for following, Can I set off of future and option loss against divided income for A.Y.2021-22. Divided income is taxable from A.Y.2021-22 and will be charged as a normal rate. For example, Divided income 5000000 Less:Furniture and option loss 3000000 Net income after Set off of future and option loss 2000000 Is it correct? Thanks.