Loss made by selling shares of a private ltd
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2011
Can any one tell me ....
If shares in private limited company are sold below acquired price(at discount).Can this loss be offset against current business income. Shares were bought 6 years back.
If shares in private limited company are sold below acquired price(at discount).Can this loss be offset against current business income. Shares were bought 6 years back.
25 September 2011
No as you are not trading in shares. Loss against investment cannot be adjusted against business income.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 September 2011
Sir,
If I am trading in listed company can i adjust my loss made by selling shares of a private company.
If I am trading in listed company can i adjust my loss made by selling shares of a private company.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
