Long Term Capital Loss-Equity Shares
This query is : Resolved
15 February 2021
I have Purchased King Fisher Air Lines Shares (applied through IPO Of Deccan Aviation Limited) for Rs.33596/- and DSQ Software Ltd Shares of Rs.29999/- in the year 2006. Now the shares of both the companies are not trading and almost closed. Can I claim Long Term Capital Loss against the above? For how many years I have to carry forward the Loss. pl. advise.
regards
AKS
regards
AKS
29 November 2021
LOSS IN SUCH CASES IS NOT CLAIMABLE.
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