Shares sold at a loss

This query is : Resolved 

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?

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


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