What can I do about long term losses arising out of equity MF? Regards, Sunil
Menu
Long term losses in Equity MF
Replies (3)
If STT is charged by MF, it will not be adjusted with any Income and will not be carried forward to next year.If no STT is Charged, it can be carried forward to Eight assessment year and can be set off against only Long Term Capital Gains.
Yes STT is charged by MF. Does this mean that it's money gone. In such a scenario, would it not make sense to look at valuation in 12th month and book losses if it is substantially down (by paying 0.25% STT) and book short term losses as they can be carried forward.
Regards,
Sunil
Yes, if your value gone down substantially
Recent Topic
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
Related Topics
CAclubindia
