Comment on Zerodha - your tax aide while you trade

Hi,

I have a net salary income of 6.5 lacs for the year 2015-16. Till now i have made a profit of 1.2 lacs in option trading.

1. What is the tax rate for 2015-16 for option profit i have to pay.

2. I have a loss in option and futures of around 1 lac in 2013 and 2 lacs in 2012. can i adjust those to my current year profit.

Thanks In advance

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