Can carry forward business depriciation loss be set off against long term Capital Gain on sale of land by Private limited company???
Menu
Set off
Replies (4)
No, business losses are not allowed to set off against LTCG
Thank you Sir.
Sir,
Can you please clarify my point i want to know about carry forward business/ depriciation loss
Yes, you can carry forward as business losses.
Recent Threads
- F&O losses
- Is form 10 IE needed in this case?
- TDS on purchase of property more than 50 lakhs
- Withdrawal from post NSS
- Section 10(11) or 10(12) of exempted income
- New income tax act
- Duplication of Interest on SCSS deposits in postof
- Declaration of foreign investment
- Parent buying property for major child
- LIC maturity amount filing missed
Related Threads
CAclubindia
