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Capital Loss from Shares trading set off carry forward

Others 1153 views 3 replies

Hi,

 

There is loss from share trading in equity & future & option trading. We can set off & carry forward the loss for subsequnt year. Please give me the detailed information of process to carry forward the loss.

Replies (3)

All losses (Except loss due to owning and maintaining of race horses) can be carried forward and set-off for 8 subsequent financial years following the Previous Year in which such loss arose.

Originally posted by : Pravin Mahadik

Hi,

 

There is loss from share trading in equity & future & option trading. We can set off & carry forward the loss for subsequnt year. Please give me the detailed information of process to carry forward the loss.

is there complition to file return before due date to carry forward loss


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