A salaried individual (salary ₹25 lakh) has, in one tax year: an intraday equity loss of ₹1,50,000, an F&O loss of ₹2,00,000, and a short-term capital gain of ₹1,00,000 on delivery shares. Which losses can be set off against what, what is carried forward, for how long, and against which income in future years?
M01 · Problem 10 ★★
Set-off
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