Dear all,
I have invested in lakshmi Vilas bank and due to merger all shares were written off during nov 2020. Can I claim this purchase cost as loss in my itr for f.y 2020-2021?
Shares purchased on Mar 2020
Dear all,
I have invested in lakshmi Vilas bank and due to merger all shares were written off during nov 2020. Can I claim this purchase cost as loss in my itr for f.y 2020-2021?
Shares purchased on Mar 2020
No. That is not allowed under IT act.
Yes, that is the issue when there is no sale transaction...
CAclubindia
