Short term Capital loss
This query is : Resolved
03 April 2008
hi all,
I want to know about short term capital loss from share. Can i set-off the loss from short term capital loss of share against business proffession or Salary income ?
any one help me for solve this matter ?
Thanks all
regards,
Hitesh Thacker
+91 9898138625
Gandhidham - Kutch
I want to know about short term capital loss from share. Can i set-off the loss from short term capital loss of share against business proffession or Salary income ?
any one help me for solve this matter ?
Thanks all
regards,
Hitesh Thacker
+91 9898138625
Gandhidham - Kutch
04 April 2008
No
04 April 2008
NO SHORT TERM CAPITAL LOSS CAN ONLY BE SET OFF AGAINST SHORT TERM OR LONG TERM CAPITAL GAIN .STCL CANNOT BE SET OFF WITH OTHER SOURCE OF INCOME NEITHER WITH PGBP NOR WITH SALARY INCOME
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