whether capital gains of previous year can be offset against current year capital loss and refund of capital gains tax paid last year can be sought in current year as per Income tax act in india
Menu
Capital gains of previous year to offset current year capital loss
Replies (1)
No, Not possible. Current year's loss if not offset with other CG/s, can be carried forward to be adjusted against future gains.
Recent Topics :
- ITR FORM FILING REGARDS
- TDS JUSTIFICATION REPORT
- Capital gains on Sale of Transferred shares
- Unbarred returns
- One time commission filing in ITR2
- 600128 HSN rate
- Social Security benefit from US by resident
- E-way notices
- Itr form for Salary income, Interest, Dividend And
- Will my TDS be deducted as NRI?
Related Topics :
CAclubindia
