LTCG loss on delisted shares

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This query is : Resolved

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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)
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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)
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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)
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12 January 2026 Thank you, that is helpful.

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