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I had purchased stocks of Malvika Steels and Optel Telecom when the two offers hit the market. Unfortunately they have gone down the drain and I lost the money.
Is there any possibility that I can book these losses into my income now even if i ignore indexation?
Look forward to your valuable advice!
Regards
Akhilesh
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MY DEAR EXPERT
I wants to initiate trading in share market but I don't have knowledge of this area. Just I know the basics which i have studied in CS exe. so i request you to please give me the guideline as well as relevant site.
Regards
SONU JHA
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We (70 NRI's) are interested to setup animation studio in Bangalore along with one of our Bangalore friend. We are ready to invest Rs. 20 lakh each (70 * 20 = Rs. 14 Crore). Authorize capital would be Rs. 10 lakh. My Bangalore friend will own 50% shares and remain shares will be equal distribute with NRI 70 friends. How we can make this to work in new private limited company.
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How to book loss