LTCG
This query is : Resolved
02 July 2010
Long term loss from shares can be set off against long term gain from house property
02 July 2010
Generally LTCG on shares listed on exchange is exempt u/s 10(38) and hence loss on such asset cannot be allowed. So if the LTCL is from listed shares sold on the exchange then set off not possible.
If LTCG on other than listed shares then set off possible.
If LTCG on other than listed shares then set off possible.
Message likes :
1 times
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
- 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
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
