WHETHER Capital gain tax on property be offset against short term and longterm capital loss on share
This query is : Resolved
26 February 2022
My query is the following:-
whether the long term capital gain against property can be adjusted against the short term capital loss and long term capital loss on selling of equity shares under DEMAT account. All transactions by online banking. Will appreciate your advice and inputs on this query.
whether the long term capital gain against property can be adjusted against the short term capital loss and long term capital loss on selling of equity shares under DEMAT account. All transactions by online banking. Will appreciate your advice and inputs on this query.
26 February 2022
Yes. STCL & LTCL of equity shares both can be set off from LTCG of property.
26 February 2022
Thanks indeed sir. Appreciate your guidance.
26 February 2022
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