Set off and carry forward

334 views 1 replies
F Y 2013-14 Normal STCG 10000 Normal STCL 20000 Normal LTCG 50000 * basic exemption limit not available please give me tax amount with computation with income tax section
Replies (1)

STCL can be adjusted against both LTCG and STCG...  adjust first10000(loss) against STCG and remaining 10000(loss) againstr LTCG... then pay tax for remaining LTCG of 40000 @ 20%........ 

smiley verify with others too before u do smiley


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register