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Kapil Khanna
( Author )
30 August 2012
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OBJECTIVE: Setoff Short Term Capital Loss against LTCG from sale of Property
Proprietor invests captial (Capex) from personal savings in Business of Trading in Equity Shares. Incurs losses under 2 heads: 1. STCL in Equity Trading
2. Expenses like Internet, Telephone, Brokerage Charges, Books, Electricity etc.
Can Proprietor show (2) as ST Capital Loss i.e. Loss of personal Capital.
Thanks in advance.
Kapil
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) now 
