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jyoti (Querist) 27 June 2015 This query is : Resolved
I have made a loss of Rs20.00lac in stock derivatives market in 2014-15.Can I show it in my IT return towards loss which is to be adjusted in next 8 years. I had borrowed some money from a friend who had given from his Company A/c which has not yet been repaid. Do I need to show that? My employer gives me a cerificate where the loss is not shown bcz there is no column for it.

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Anirudh (Expert) 27 June 2015
I think you are employed and not doing business.
If that be the case, the question of any adjustment of loss - which relates only to 'business loss' - has no applicability in your case at all.