Comment on Taxation for Traders - Introduction
commented on
17 Jun 2017, 05:31 PM
I have made Short Term Profit of Rs37000/- and Long Term Profit of Rs.8000/- I have made loss on F&O of Rs.25000/-.
Further previous FY Short Term Loss carried forward is Rs.15000/-.
Can I settle F&O loss against my Short Term profit along with previous FY Short Term Loss carried forward ?