Hello everyone.
Figures given are approximat.
Please guide me on this Long Term Capital LOSS.
Property sold 41 lacs in 2025-26
Aquisition 17 lacs in 2009-10
Indexed aquisition 43 lacs
Fact is there is loss of 2 lacs.
While filling ITR 2 CAPITAL GAINS, point number b(iv) showing gain of 24 lacs
(sale 41- acquisition 17) = 24.
It is not showing a loss of 2 lacs anywhere, as per indexed cost valuation of 43 lacs. I filled all figures properly.
How to c/f this LTC LOSS on sale of property, as loss is not appearing anywhere in capital gain sheet.
no amount is reinvested as there was loss, so no benefit claimed under section 54, that part is left blank.
1)Please guide how to c/f this loss of 2 lacs.
2) As capital gain sheet is showing profit, taking into account aquisition cost without giving effect of indexation, do I have to pay capital gain tax.
CAclubindia
