n NISM Certifications
XIII NISM Series XIII
Medium

As per the Income Tax Act, any loss on derivatives transactions can be set-off against ______ income in the same year.

Practice question from NISM Series XIII for SIF - Mock Test 10 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Any other business

    Correct answer

  2. B

    House property

  3. C

    Salary

  4. D

    Capital gains

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

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