Loss in Share, Gain in Fixed Deposit

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Hello,

For the FY 2008 - 09, I have made a Short Term & Long Term Loss on sale of "Shares".

At the same time I have made Long term gain on Fixed Deposit and further gained Interest on bank account.

Do I have to pay a tax on my FD gains & Bank a/c interest.

Can this be adjusted against my loss in shares?

Plz suggest

Replies (1)

No... You dont have to pay any tax at all......


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