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loss on long term equity shares

This query is : Resolved 
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(Querist)
12 February 2011 can a loss on long term equity shares be set off against long term profit on sale on plot.STT has not been paid on these shares .
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
12 February 2011 As per sec 70 Inter source set -off is allowed.
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