FNO loss & equity gain

Can we set off the gains made by sell of equity shares against losses made on FNO trading. FNO trading loss was incurred in 2015-16. This loss i am carrying under short term capital loss. STCG is made in last year by sale of equity shares.

asked Jul 28 at 11:43 by Pruthvi 263614


FNO trading gains/loss must be reported under business income/loss. And you can set off these against short term capital gains if same has been carried forward from previous years.

answered Jul 30 at 12:36 by Pankaj Batra 5.2k320

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Asked: Jul 28 at 11:43

Seen: 153 times

Last updated: Jul 30 at 12:36