EASYOFFICE
EASYOFFICE

Capital gain/loss

This query is : Resolved 
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(Querist)
30 July 2015 I have bear the loss due to Shares sale/Purchase Transaction in FY 14-15.

I have also bear loss on shares Sales/Purchase Transaction which i have bought 2-3 years ago.

there no tax liability so i want to know do i need to show this both long term and Short Term capital loss in my IT Return?

Also i have closed my share trading account in FY 15-16.

Regards,

Amar
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 July 2015 As you closed your share trading and also don't want to carry forward the loss and claim it later, no need to show the loss in return.

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