Taxation For Pvt Ltd Companies

#1
This thread is related to trading by pvt ltd companies and not individuals.
On such trading I would appreciate response on the following queries.

1. What Income head would Income from trading(mostly short term, F&O, NSE) be counted as ? Are the heads same for individual and company ? Would this income fall under business or Other income(Since trading is not the primary objective of the company) ?

2. Can the profits from trading be set off against lossses in regular business(say some manufacturing) ?

3. Are deductions done separately for each income head or once for total income ? If I incur say some research subscription cost for trading then is it deducted from my trading profits or does it become deductible along with other un-related(to trading) expenses from overall total income ?

I would like to ask more questions based on the response
 

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