Comment on Taxation for Investors

vijay commented on 26 Feb 2018, 11:25 AM

Hi Nithin, I have intraday losses, position based gain and MF losses this year.

1) As you have mentioned earlier in reply to my query, I can show the position based gain as non-speculative business income, in that case can I show STT also as a cost? (Since I have traded intraday, I have to anyway file ITR 4)

2) I have another doubt, can I adjust the MF losses against position based gain (considering 1) above).

3) what about the exit load, MF company charges on exit before predefined duration? Will that be a cost for tax consideration?

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