Hi,
I have seen this posted in many places, but haven't found any satisfactory response yet. So I'll post it here.
I am a salaries individual with small capital gains as the only other taxable income. I made a loss trading in F&O in the last Financial Year. What do I gain by reporting it in my returns? Can I adjust these losses against any gains made this year or the next?
I have seen this posted in many places, but haven't found any satisfactory response yet. So I'll post it here.
I am a salaries individual with small capital gains as the only other taxable income. I made a loss trading in F&O in the last Financial Year. What do I gain by reporting it in my returns? Can I adjust these losses against any gains made this year or the next?