business loss set off again LTCG if current year
Example
F.y. -24-25 business loss 1 cr
F.y. 24-25 Ltcg 1.10 cr
The LTCG of ₹1.10 crore is taxable, but the business loss can be adjusted against it. -
2 Replies
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7763 Points)
Replied 08 April 2025
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