FY23-24: Do You Have Losses from Trading? Here Are the Set-Off and Carry Forward Provisions

Could I offset my trading loss with the profits I earned on my long-term stocks and mutual funds holdings? What are the set-off rules for trading loss? Let’s first understand how income from different transactions is classified. F&O trading is classified as a non-speculative business, while intraday trading is treated as a speculative business. Further, […]

Content, Quicko
28 Jun 2024