Comment on Zerodha - your tax aide while you trade

asap commented on 28 Mar 2016, 05:20 PM

Greetings !

Please let me know if I can claim short term capital loss that I incurred trading options.

Would your answer be different in the following scenarios ? :

– Shorting options first and then closing it with a Buy

– Long options first and then closing it with a Sell

– Shorting options first and then letting it expire on expiry date ( that is, not closed with a Buy)

– Buying options first and then letting it expire on expiry date (that is, not closed with a Sell)

Can I offset short term capital loss with my Salary or other income under all the four scenarios above ? I am asking this question because STT may not have been paid in all the cases.

Thanks.

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