Set off of capital gain


This query is : Resolved 

03 January 2009 Hi dears,

Can any one tell, can we adjust our current year short term capital loss on listed share against long term capital gain on unlisted share?

03 January 2009 Dear Sir,

Derivative loss on shares can be set off against Capital gain on shares

Jairam (Expert)
03 January 2009 Yes.A vice versa situation is not possible.

05 January 2009 Sir, Please advice section and provision for above transaction
thanks

05 January 2009 Sir, Please advice section and provision for above transaction
thanks

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