banner_ad

ltcg set off

Others 183 views 6 replies
User Avatar

354 Points Posted on 24 October 2017
can anything can be set off against the long term capital gain. lf no then what are the items which cannot be set off except lottery winning and horse race winning....
0 Reply Share Follow
On 24 October 2017 at 12:35 Report
Replies (6)
User Avatar

1234 Points Posted on 24 October 2017
only a long term capital loss can be set off against a long term capital gain.
Reply
On 24 October 2017 at 13:09
User Avatar

354 Points Posted on 24 October 2017
no that's not true.
Reply
On 24 October 2017 at 23:17
User Avatar

1234 Points Posted on 25 October 2017
long term capital loss and short term capital loss can be set off against a long term capital gain.....
Reply
On 25 October 2017 at 08:19
User Avatar

354 Points Posted on 25 October 2017
again that's incorrect....in intermediate books business losses are also set off against the ltcg
Reply
On 25 October 2017 at 10:10
User Avatar

1234 Points Posted on 25 October 2017
@ Navin agarwal i would request you to give the full answer. .. ...
Reply
On 25 October 2017 at 10:55
User Avatar

12244 Points Posted on 26 October 2017
@ aswin Kumar ... section 71(2)
Reply
On 26 October 2017 at 10:19


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details