Long term capital gain below Rs 100000
This query is : Resolved
12 July 2024
if the capital gain is below Rs 1 lacs , Why is it getting adjusted in BFLA Amount is adjusted with previous year capital losses. There are capital losses carried forward of previous years being reflected in CFL. This amount is adjusted after clicking on compu set off . Please guide
12 July 2024
Yes, that adjustment is as per rules. After set off only the remaining amount is assessed in current year income.
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