Set off of loss of share trading
Anoushka Paliwal (150 Points)
23 September 2021
Could losses of share trading set off with profit of textile business
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 23 September 2021
If its from F&O trading, then YES.
If loss is from Intraday trading, then not allowed.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 23 September 2021
No it's a specified business loss so set off against profit of specified business
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