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Carry forward capital gain loss

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TAX PRACTITIONER
293 Points Posted on 27 July 2023
One client purchase shop 21.04.2016 for rs 505000 and sale same shop 500000 on the date 15.12.2022 he cames capital gain loss so my question is this transaction mandatory or not in mention income tax return if yes then can he forward capital gain loss for the next year plz guide.
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On 27 July 2023 at 12:26 Report
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SEO Sai Gr. Hosp.
211711 Points Posted on 27 July 2023

Can you justify that there is capital loss in the transaction?

What are the FMV as per Circle rate?

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On 27 July 2023 at 12:45


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