Future and option loss set off

In the first year, it will be set off.

Dear Sir,

Hope you are doing well !!

Yes, you can set off Future & options loss against Long Term Capital gain from the sell of Property.

In the year when the income is generated.

Hello,

Yes, you can set off the same.

I hope this answer satisfies your requirement.

Regards,

CA Hunny Badlani

You can set off in the year of capital gain.

The year in which capital gain arises. 

Hi

If you are showing F&O trading as business loss, set off from LTCG shall be available in the same year.

However, if business loss is carried forward to Future years, set off shall be available only against future business incomes.

Please note that, audit shall be mandatory if you are having loss from F&O trading.

We may assist you with the filings.

Yes if you have any capital gain in the year of loss of future and options you can set it off against capital gain income but you cannot do the same if the loss from future and options is a carry forward loss.

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