Comment on Taxation Simplified

Nithin Kamath commented on 10 Oct 2013, 03:59 AM

1. Yes speculative losses can be carried for 4 years.
2. Yes.
3. a. yes.
b. No, you can’t set off the business loss against speculative profits.
4. Yes, the FD interest also can be set off, only the salary income is what can’t be set off.

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