loss on Shares
bikram sachdev (MANAGER) (40 Points)
16 July 2019if so what's is the procedure
pls guide
regards
Bikram
bikram sachdev (MANAGER) (40 Points)
16 July 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160292 Points)
Replied 16 July 2019
If Long Term Capital loss, declare the same in ITR (File it before due date) & claim the losses against any other LTCG in same year or next 8 years by carry forward facility.
For intraday loss, it can be set off against any speculative income and allowed to carry forward for next 4 years.
bikram sachdev
(MANAGER)
(40 Points)
Replied 16 July 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160292 Points)
Replied 16 July 2019
You have to carry forward the LTCL for adjustment against LTCG only.
bikram sachdev
(MANAGER)
(40 Points)
Replied 16 July 2019