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Set off of ltcl

Tax queries 220 views 3 replies

Dear all,

I have incurred Long Term Capital Loss on sale of Immovable property in A.Y. 2016-17 and I am having Long Term Capital Gain from sale of  UNLISTED shares in A.Y. 2017-18.

Loss has been carried forward

Can I set off the Unabsorbed loss from Immovable Property with LTCG of Unlisted Shares

Replies (3)

YES       

Thank You.

Most Welcome


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