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Capital Gains Tax on losses?
by Manish Anand on Jun 17, 2008 01:09 PM   Permalink | Hide replies

Can Lossess occurred due to Daily equity trading and selling of shares be offset as negative income from overall taxable income?

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  Re: Capital Gains Tax on losses?
by gaurav vohra on Jan 06, 2009 07:53 PM   Permalink
Dear Sir,

The day to day trading done by you will come under Income from Capital Gains & income or loss under this head will be set off against the same head , so you will not be able to set off or adjust the your negative income with any other income.
For any other details about the issue you can mail me at ( gauravvohra20@rediffmail.com)

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