LTCG loss on delisted shares

This query is : Resolved

Quick Summary

Discussion on claiming LTCG loss on delisted or illiquid shares. Experts clarified that delisting alone does not create a tax loss; loss can be claimed only upon actual transfer or sale, including genuine off-market transactions, and should be reported in Schedule CG of the ITR.

hemang shukla

hemang shukla (Querist)
Follow

10 January 2026 When a share gets delisted, it effectively means it's value becomes zero but it would not get captured in AIS.

Can this loss be booked AS LTCG LOSS. If yes, how should it be reflected in ITR.

Also, can such shares or any shares which hardly trade, be transferred off market to a family member with last price payment made for it and book loss for it

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
Follow

12 January 2026 • Delisting alone does not allow loss
• Loss allowed only on transfer
• Off-market sale is valid
• Family transfer is allowed only if genuine sale
• AIS mismatch does not invalidate claim
• Loss must be reported in Schedule CG

hemang shukla

hemang shukla (Querist)
Follow

12 January 2026 Thank you, that is helpful.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajat Khandelwal

Manoj Sharma

Rajasekar

kopparapu bheemarao

Tanuj Kumar Sharma

Subscribe Now

LTCG loss on delisted shares

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA