Hi Could you please advise on this
say you have carried forward loss of 2 lk from previous year because of Options trading
and this year you have income from house as 1 lk and FD income 1 lk and salary income 4 lk
can we offset current year 1 lk house income and 1 lk FD income with previous yr 2lk option loss and pay income tax only for 4lk salary income based on our IT slab?
Its bit urgent. could you please reply. Thanks in advance
say you have carried forward loss of 2 lk from previous year because of Options trading
and this year you have income from house as 1 lk and FD income 1 lk and salary income 4 lk
can we offset current year 1 lk house income and 1 lk FD income with previous yr 2lk option loss and pay income tax only for 4lk salary income based on our IT slab?
Its bit urgent. could you please reply. Thanks in advance