18 November 2012
i would be highly obliged if someone would guide me as to how to treat the loss i have incurred on sale of mutual fund units for ay 13-14 under elss scheme
would indexation benefit be available to calculate the loss on sale of units.
18 November 2012
In case of ELSS units the Long Term Capital Loss can not be carried forwarded as the same is covered by Section 10(38) dealing with income exempt arising out of such a transfer. .
12 December 2012
The query is not clear. But if your query is about set off of Long Term Capital Loss (ELSS units) against STCG (ELSS units), set off is not possible.