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Offset loss on ncd

Tax queries 339 views 4 replies

I lost money in srei ncd investment. I want to know can i offset this lost against any other income? I have income from interest, house rent, stcg on shares.

Replies (4)

You can adjust your loss from NCD when you sale. It falls under short term or long term capital gains. You can offset your loss agains other STCG or LTCG.

🙏 Thanks

You can set off such loss against STCG on shares.
Such loss cannot be set off easily
Why so???


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