difference

megapixel

Well-Known Member
#1
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=
 
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a1b1trader

Well-Known Member
#2
Hi
It seems, no one here in traderji like to talk about taxation matter.
A very few queries on the subject is answered in the forum.
Dont know how they calculate their taxes on intraday and F&O trades, settle their taxation matters.
 
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