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
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Effect when shares written off
Replies (3)
No. That is not allowed under IT act.
I have not received any amt on account of this neither I can claim as loss , this is totally unfair right?
Yes, that is the issue when there is no sale transaction...
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