I just want to deduct some expenses (ipad,mobile) from my speculative income ,i followed some video on depreciation but after filling all this depreciation schedule ,depreciation showing as loss of "net p&l from business other than speculative amd specified income.
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yep expenses in intraday are wrongly getting lodged into current year losses
not only that intraday expenses, assets w/dep are being wrongly offset against dividend & interest income which leads to incorrect taxable income
basically incorrectly quicko books expenses as cyla
also quiko wrongly auto assigns as F&O vs 21009
i could be wrong, hopefully wait for more replies, if not quicko has gone cookoo
only option now is to forget expenses & file itr