Capital Loss can be set off in salary income

hi,

whether we can show the capital loss in salary income

please suggest me

 

 

Replies (2)

Capita loss cannot be set off against any other heads of income sec 70 and 71

only shart term capital loss can be set against capital gain (whether short term or long term)
 

You can carry forward capital loss

Loss under the head “Capital Gain” can not be set-off against income under other heads of Income. Long-Term Capital loss can be set-off against Long Term Capital Gain only. Short term capital loss can be set-off against against any capital gain (Whether long-term or short term).(Refer Sec. 70& 71)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
14 August 2026
Semi Qualified

Goyanka & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details