Set-off and carry forward of losses
This query is : Resolved
CA. Jyoti Baid
(Querist)
02 June 2009
Hello,
CAN SHORT TERM CAPITAL GAIN(WITHOUT STT) BE SET OFF WITH SHORT TERM CAPITAL LOSS(WITH STT).
STCG(WITHOUT STT) IS CHARGED AT 30%
STCG(WITH STT) IS CHARGED AT 15%
REGARDS
CAN SHORT TERM CAPITAL GAIN(WITHOUT STT) BE SET OFF WITH SHORT TERM CAPITAL LOSS(WITH STT).
STCG(WITHOUT STT) IS CHARGED AT 30%
STCG(WITH STT) IS CHARGED AT 15%
REGARDS
CA Sanjeev Kr Jain
(Expert)
03 June 2009
loss without stt can be set off against income without stt only
Deepak Goel
(Expert)
03 June 2009
Without STT loss can be set off with without STT and vis-a-versa
CA. Jyoti Baid
(Querist)
03 June 2009
THANKYOU FOR THE REPLY.
BUT THERE ARE TWO DIFFERENT OPINIONS. PLEASE CLARIFY
BUT THERE ARE TWO DIFFERENT OPINIONS. PLEASE CLARIFY
Radheyshyam Falod
(Expert)
03 June 2009
Short term capital loss on which STT has been paid can be set off against Short Term Capital gain on which STT has not been paid and vice versa..
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