Question ID : 774

SET OFF OF LOSS ON SALE OF SHARES OF NBFC COMPANY UNDER SECTION 71

DEAR PROFESSIONAL FRIEND,

A NBFC COMPNAY IS LENDG AND BORROWG MONEY AND THUS EARNG TER. THE COMPANY IS ALSO DEALG SHARES OF QUOTED AND UNQUOTED COMPANY. THE COMPANY HAS EARNED HUGE ON SALE OF EQUITY SHARES OF UNQUOTED COMPANY.

PLEASE SUGG ME WHETHER OCCURED CAN BE SET OFF FROM TER COME.

REGARDS

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