Capital gains tax on shares
Querist : Anonymous
The remaining 42,570 shares were acquired, on various dates, after 1st April, 1981, either as a bonus issue, or arising out of amalgamation/stock splits with associated companies. The cost of acquisition of these shares is taken as NIL, and do not qualify for cost indexation.
My query is: Can assesse ‘A’ set off the capital loss of Rs.13,234/-, as above, against the capital gain on the balance of shares, and pay capital gains tax @10% on the net capital gain?
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- TDS ON CASH WITHDRAWALS...
- NRE Interest Income applicability
- Annual return of gst limit
- Bank accounts of Non resident
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
