We have capital loss in sale of Unlitsed shares after indexing. My querry is this loss can be settle against long term capital gain on sale of property. Please guide
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Capital gain on unlisted shares
Replies (4)
if the loss is long term then it can be set off with long term capital gain
Thank you for reply. Can you guide me where it is mentioned or any notifications.
refer setoff carry forward chapter
Yes you can set off this loss against long term capital gain whether it is short term loss or long term loss
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