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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.
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.
Rajendra K Goyal
(Expert) 27 June 2015
Consult local tax consultant and discuss in details.
jyoti
(Querist) 27 June 2015
Anirudh ji- it is speculative loss. I want to know whether I can adjust it in future years in case I make profit.
jyoti
(Querist) 04 July 2015
no answer
