set off of brought forward losses


This query is : Open 

13 May 2010 if a assesee having brought forward capital losses than can he set off this brought forward losses with the dividend income from foreign country if he keeps shares as investment?

13 May 2010 dividend income will be income from other sources whereas there is capital loss.

Hence set off not possible.

CA.Krishna (Expert)
11 June 2010 not possible


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