Capital gain set off
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 December 2009
Can short term capital loss on shares adjusted agains long term capital gain on sale of house property.
I know it is allowed but i want any case laws for the same.
I know it is allowed but i want any case laws for the same.
08 December 2009
This is allowed as per Sec 71 (3).. There is no case law on the same...
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