Comment on Taxation Simplified

Nithin Kamath commented on 29 Sep 2013, 04:47 PM


Derivatives trading is considered as a business profit/loss, so if you have made a loss trading it can be net off against your brokerage commission while calculation your returns.

Intraday equity trading loss is considered as speculative loss and can be set off against only speculative gains(intraday trading). So this loss you can carry forward by declaring and set it off in the future years whenever you make a profit..

View the full comment thread »