SET OFF OF LONG TERM CAPITAL LOSS
This query is : Resolved
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NIRMAL DAVE
(Querist)
25 August 2023
Dear All,
Can i set off long term capital loss from sale of residential/commercial property against long term capital gain from equity share/mutual fund?
Thanks & Regards
Nirmal Dave
Can i set off long term capital loss from sale of residential/commercial property against long term capital gain from equity share/mutual fund?
Thanks & Regards
Nirmal Dave
CA R SEETHARAMAN
(Expert)
25 August 2023
Yes, it can be set off.
NIRMAL DAVE
(Querist)
25 August 2023
Thank You Sir for your valuable advise.
CA R SEETHARAMAN
(Expert)
26 August 2023
You are welcome..
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