Question ID :
32751
How to claim losses of future & option
As we know that future & option are no more speculative business.Now it is treated as normal business.
Many salried person having future & option transaction & they have suffered losses..
One of my client is incurred net losses 10Lakh comprise of Total 14 lakh and 4 lakh profit..
In case of future and option TURNOVER= 18 LAKH (14 lakh +4 lakh)..
Now my question is how will book expenses of 8 lakh,to show losses of 10 lakh as brokerage,consultancy,internet & other exp is not more than 2 lakh ?????
posted by
Anit Mohapatra
on
Jul 26 2018 12:00AM