Capital loss - short term on stt paid shares

This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 July 2015 If I have a carried fwd short term capital loss on STT paid shares - (Not speculative)- can this loss be set off against long term capital Gain on sale of Land. Pls give reasons for the answer

14 July 2015 No, inter head adjustment is not possible for carry forward loss.

14 July 2015 Agree with Mr. Seetharaman.
And the reason is this is stated in the ACT.

14 July 2015 Agreed with Mr Seetharam and Mr Ankur

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 July 2015 All experts agree but as per the Act Section 74(a) short term capital loss can be carried fwd and set off against Capital Gain income. Kindly check before answering as experts. My question was specific relating to short term capital loss on stt paid shares


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details