Long term capital asset
This query is : Resolved
sp Gowthaman
(Querist)
31 January 2015
long-term capital loss can be set-off only against long-term capital gain.
Why ?
Why ?
31 January 2015
Long-term capital loss can be adjusted only against long-term capital gains pursuant to provision u/s 74 of the Income Tax Act, 1961.
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