capital gain - set off
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2010
can we set off long term capital gain by sale of land from the carry forward business loss of a company
23 September 2010
NO
23 September 2010
correct...
only current year business loss can be set off against LTCG
brought forward business loss can be set off only against business income
only current year business loss can be set off against LTCG
brought forward business loss can be set off only against business income
23 September 2010
AGREED WITH PUNIT
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Money lost in stock market related scam
- Reminder of Dues under the WBGST Act 17
- Rebate u/sec. 87A manually
- 80ccd(2) deduction
- ITR2 Not Validating Short Term Capital Loss as value less than zero
- ITR3
- ERRROR IN ITR2 FILING
- GSTR ITC relationship
- Hash value error indicated whilst validating itr 2 online
- FNO loss set off with STCG
- Regarding Hackathon Prize W-8BEN Form Tax Treaty Benefit & 115BB/115BBJ
- Excess Interest paid on TDS challan- Can it adjusted against tax payable
- RECEIPT NUMBER OF EARLIER STATEMENT FILED FOR FORM 26Q- PREVIOUS TDS RETURN FILED FOR F.Y.2017-18_Q4
- Regarding ITC show in Electronic Credit Reversal and Re-claimed Statement.
- TDS on disallowance and reporting
- Requirement of MGT-14 for resolution passed at EGM for appointment of auditor
- ICWAI-Final
- Gratuity Fund Audit & ITR
- RCM gst liability and return query
- HSN details in Table 12 for gstr1
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
