ilmscore | Prediction Details
"what about my trading loss that also can be adjusted FN or trading loss? FN or trading loss can also be adjusted against if because that's that's considered as a normal business and professional loss and not a capital gain still if you are having some losses in FNO which 93% of the Indians has. Yeah, as per the s data. Correct. So they can use this loss to offset again any of the gain. If you have in mutual fund gain or if you have a gold gain, you can offset this to minimize your tax liability."
By Finance With Sharan | June 2, 2025 | Correct
From video
The Ultimate Indian Tax-Saving Masterclass (Salary, Business & Investments) | The 1% Club Show Ep62 00:42:15 - 00:42:42
Interpreted Prediction
Losses from F&O trading can be used to offset gains in other asset classes like mutual funds or gold.
AI Evaluation Notes
Losses from F&O trading can indeed be used to offset gains in other asset classes like mutual funds or gold as per the Income Tax Act. This aligns with the prediction made.

Prediction Details

Topic
Carry Forward of F&O Trading Losses

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