Long term capital loss/ under new income tax regime

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82 Points Posted on 03 August 2024
i had sold a property in fy 2023-24 and incurred a long term capital loss.
will i be able to carry forward if I file a return under the new tax regime.
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On 03 August 2024 at 10:19 Report
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Quick Summary
If you incurred a long-term capital loss from selling property in FY 2023-24, you can carry it forward even if you file under the new income tax regime. However, this is only possible if you filed your tax return by the 31st of July 2024. Missing this deadline means you won't be able to carry forward the loss under the new regime.

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SEO Sai Gr. Hosp.
212503 Points Posted on 03 August 2024

YES, if you has filed return before 31.07.2024, but not now.                               

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On 03 August 2024 at 11:45
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Profession
28261 Points Posted on 03 August 2024
Long term capital loss and will be carrying forward in new regime.
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On 03 August 2024 at 14:53

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