Long term capital loss and itr2

117 views 1 replies

If person had long term capital loss from share transaction and this is the only trasaction in FY. No other transaction.Then  is it necessary to report this capital loss in ITR2. Please advise.

If there is no capital gain then why to use ITR2.

There is only loss.

Replies (1)
Yes...it is better to report as it can be carried forward and can be set off against capital gain in coming years.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register