18 June 2009
Whether the Capital Loss (Long Term or Short Term) on sale of Shares can be set off against Capital Gains on sale of House Property?? Or is it so that Loss on Sale of Shares must be set off only against Gain on Shares??
Pls quote the relevant Section / Rule of Income Tax Act / Rules
18 June 2009
long term capital gain/loss setoff is not allowed if stt is paid short term capital loss is set off against short term capital/long term capital gain sec 10(38)
07 November 2021
Whether the Capital Loss (Long Term or Short Term) on sale of Shares can be set off against Capital Gains on sale of House Property?? Ans.: NO.
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