Set off of losses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 February 2016
Can long term capital loss on sale of listed equity shares be set off against long term capital gain on sale of immovable property ?
17 February 2016
As long term capital gain on sale of shares is exempted long term loss on such sale of shares not allowed for set off against any long term capital gain.
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