Long term capital loss
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 September 2012
I have long term capital loss on sale of shares STT paid, can this loss be set off against long term capital gains arised from sale of house property ,in the same year.
CA Navin Jain
(Expert)
25 September 2012
YES, YOU CAN SETOFF IT AGAINST ANY SHORT TERM OR LONG TERM GAIN
CA. Subhash Dangi
(Expert)
25 September 2012
Yes, U Can.
CA.Vinita Gupta
(Expert)
25 September 2012
Agreed with the reply of Navinji and Subhashji
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