shorterm Losses
This query is : Resolved
jay arya.........
(Querist)
06 July 2009
HELLO FRIENDS
I HAVE BOOKED A LOSS ON SHARE (SHORT TERM) RS. 1746/-FOR F. Y2008-09, PLZ TELL ME CAN I CARRIED FORWARD IT TO THE NEXT F.Y
THANKS
HELLO FRIENDS
I HAVE BOOKED A LOSS ON SHARE (SHORT TERM) RS. 1746/-FOR F. Y2008-09, PLZ TELL ME CAN I CARRIED FORWARD IT TO THE NEXT F.Y
THANKS
Vipul J. Bhavsar
(Expert)
06 July 2009
Yes you can carry forward Short term Capital Loss in FY 2009-10 only if you dont have Short Term Capital Gain to set off this loss in the current year FY 2008-09 and you submit the Return Of Income for the current year stating the said Short Term Capital Loss.
06 July 2009
yes u can
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