Grandfathering ltcg loss how to compute in books and itr...

1542 views 3 replies

sir

pls guide me how will i pass entries for grandfathering ltcg loss in books of accounts if ihave account in icicidirect.

i have some shares more than one year holding i am in profit but when i grandfather it its a loss,pls explain how to compute in itr and accounts,

i think that ltcg loss cannot be forwarded but  confusion is there...

 

regards

deepak

Replies (3)

LTCG is not subject to grandfathering.

Sale value  - original purchase value and brokerage, STT = LTCG taxed at 10% + 4% cess if gain is more than 1lac.

ok

if i have share purchase price 830  more than one year  sell price is  930 but on the jan 31 grander father is 1180 of that share ,how will i compute,is it a loss or profit,,,,pls explain

thanx

https://www.businesstoday.in/markets/stocks/grandfathering-of-ltcg-from-equities-long-term-capital-gains-tax/story/272806.H T M L

R U SURE PLEASE>>>>

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details