Where LTGC is less than 1 lakh,whether we need to setoff brought forward losses against current year LTGC or we carry full brought forward losses to next year ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160442 Points)
Replied 27 December 2021
Practically, it is not possible.
The utilities/softwares first set off the BFL to CY Capital gains, and balance is only carried forward.
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