Comment on Zerodha - your tax aide while you trade

vasudev commented on 27 Jul 2015, 04:37 PM

ref varsity tax module. pdf file. page 13. item4 carry forward F&O loss. the text mentions that the loss can be carried forward for 8 Y and can be adjusted against any business income, not limited to non-spec income.
– while the table below displays , under carry over- “yes” for same head and “no” for any other head – suggesting it can be only adjusted against non-spec gains

which is true ?

thanks for the excellent effort, Nithin.

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