07 November 2019
I have Short term Capital gain on Sale of Debt funds. Can I set it off against short term capital loss on Sale of exbonus shares. Like I purchase cum bonus and sell same quantity ex bonus.For ex. I purchasse 1000 shares cum bonus @ 1500/ and sell 1000 @ 750 ex bonus and book a loss of Rs.750 per share. Can i do this ?
CAclubindia
