Hello, Can we carry forward Long term Capital gains for the year through next year short term capital losses. I am anticipating short term capital gain losses in this fiscal year and want to adjust it against last fiscal capital gains. Pl suggest
3 Replies
CA Raj Doshi
(Practising CA)
(8944 Points)
Replied 12 December 2021
Gains cannot be carried Forwarded. Only losses can be carried forward.
sabyasachi mukherjee
(27849 Points)
Replied 12 December 2021
Gains cannot be carried forward . Tax has to be paid on long term capital gain
This is pertinent.
This is pertinent.
Tanuj Chandra Saxenaa
(Company Secretary)
(7085 Points)
Replied 12 December 2021
Capital gains not be carried forwarded.. Only losses to be carried forward.
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