Loss due to Write off of Debentures/ Bonds/Shares
This query is : Resolved
N K Somani
(Querist)
21 July 2021
I like to know the process for claiming loss due to write off of the bonds/ shares/ debentures by the issuer under any scheme as approved by respective bodies
Live examples are Yes bank bonds written off by issers and DHFL shares unlisted due to recent scheme of take over, which now cannot be transferred also, as per restrictions imposed by NSDL
I like to know how and where this loss can be claimed in Income tax return of the holder?
Thanks a lot
Live examples are Yes bank bonds written off by issers and DHFL shares unlisted due to recent scheme of take over, which now cannot be transferred also, as per restrictions imposed by NSDL
I like to know how and where this loss can be claimed in Income tax return of the holder?
Thanks a lot
Dhirajlal Rambhia
(Expert)
11 October 2021
No claim. It is Capital Loss.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- GSTR-9C filing
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- Gift to nri relatives residing in usa
- Intimation under section 245
- TDS- 2026-27 Q1 Correction
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
