Equity Intraday Trading and its adjustment

I have incurred losses under equity intraday trading. Can I adjust it against F&O trading income?

Hi @Nihal,

Loss from equity intraday trading is a speculative business loss. Speculative loss can be set off against Speculative Profits only. Thus, it cannot be adjusted against F&O trading income. However, you can carry forward the loss for 4 years and adjust it against speculative profits in future.