Capital loss
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 September 2012
Sir,
Can we claim loss because our indexed cost is more than Sale consideration ???
I think no but our software is taking like that only...
Is software Rite or I am Rite ???
Plz. do give reply early...
Thanking you in advance...
Can we claim loss because our indexed cost is more than Sale consideration ???
I think no but our software is taking like that only...
Is software Rite or I am Rite ???
Plz. do give reply early...
Thanking you in advance...
Pankaj Gupta
(Expert)
06 September 2012
Long term capital loss arises when the sale consideration is below the indexed cost of acquisition. If your software is not responding this way, than consult the vendor of the software.
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