Shares sold at a loss
This query is : Resolved
vaishnavi pamidi
(Querist)
18 June 2013
Friends,
If a company buys shares of facevalue Rs10 at a premium @ Rs110 and later sells them at a loss at Rs10,what will be the tax consequences?
If a company buys shares of facevalue Rs10 at a premium @ Rs110 and later sells them at a loss at Rs10,what will be the tax consequences?
Rupesh Jain
(Expert)
18 June 2013
r/sir
loss on sale of share will set off with capital gain head income.
and you can carry forward for set off in future. income
loss on sale of share will set off with capital gain head income.
and you can carry forward for set off in future. income
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