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If sales value will less then indexed cost

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(Querist)
03 August 2013 if for long term capital-
sales value-5 lakhs
and indexed cost-6.2 lakhs
then what will be the tax liabilty.
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CA Vijeta Verma

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CA Vijeta Verma (Expert)
03 August 2013 long term capital loss.apply carry forward and set off provisions for next 8 Assessment yrs and set off only against long term capital gains
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