Tax issues for delivery based share trading as business income


last year I had Short Term Capital loss . If I switch to Business Profits method

1. Can I offset that STCG loss against current year business gain accruing through share trading ? All share trading is delivery based.

2. What all deductions , rebates can I claim

STT paid on purchase/sale; stamp duty paid on daily turnover; DP charges on purchase/sale; annual DP maintenance charges; interest on borrowed capital; any other expenses such as travelling, consultancy fees etc?


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