https://www.taxtmi.com/forum/issue?id=111958 A taxpayer using the presumptive professional scheme reports presumptive profit and separate share trading results: intraday profit, short term capital loss, futures and options loss, and margin trading interest. The core issues are classification of trading losses as capital or business, rules for set off and carry forward of those losses, and the head(s) of income against which margin trading interest may be deducted. en-us Tue, 23 May 2017 20:32:30 +0530 Thu, 23 Jan 2025 15:55:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111958 A taxpayer using the presumptive professional scheme reports presumptive profit and separate share trading results: intraday profit, short term capital loss, futures and options loss, and margin trading interest. The core issues are classification of trading losses as capital or business, rules for set off and carry forward of those losses, and the head(s) of income against which margin trading interest may be deducted. Discussion-Forum Income Tax Tue, 23 May 2017 20:32:30 +0530 https://www.taxtmi.com/forum/issue?id=111958