Hello All,
Greetings !!
Please reply on below.
Q1. Can we offset Losses from sale of shares against Capital Gain from sale of House property ?
Q2. If Yes, then what is the treatment for LONG TERM / SHORT TERM.
| Sr No | Type of Loss | Can we offset against below ? |
| 1 | SHORT TERM capital losses from sale of Equity shares | LONG TERM GAINS from sale of house property |
| 2 | LONG TERM capital losses from sale of Equity shares | LONG TERM GAINS from sale of house property |
Please help.
CAclubindia
