Looks like for same query the answer is contradictory ...
Are these queries different ?
Tax Matters: Can F&O Loss Be Adjusted Against Short-Term Capital Gain?
Loss under, 'Profit and gain of business or profession', can be carried forward and set off only against business income of the subsequent assessment year
Tax Matters: Can F&O Loss Be Adjusted Against Profit From Delivery-Based Trading?
Business loss can be set off against any head of income other than salary income. Thus, business loss can be adjusted against capital gain
Source: http://www.capitalmarketplus.com/cabnas/Cabstory.asp?SNo=493345&opt=
Are these queries different ?
Tax Matters: Can F&O Loss Be Adjusted Against Short-Term Capital Gain?
Loss under, 'Profit and gain of business or profession', can be carried forward and set off only against business income of the subsequent assessment year
Tax Matters: Can F&O Loss Be Adjusted Against Profit From Delivery-Based Trading?
Business loss can be set off against any head of income other than salary income. Thus, business loss can be adjusted against capital gain
Source: http://www.capitalmarketplus.com/cabnas/Cabstory.asp?SNo=493345&opt=
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