n NISM Certifications
VIII NISM Series VIII
Medium

As per the Income Tax Act, any loss on derivatives transaction can be set-off against which income in the same year?

Practice question from NISM Series VIII - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Income from Salary

  2. B

    Income from Capital Gains

  3. Income from any other business

    Correct answer

  4. D

    Income from House property

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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