Dear Members,
Whether the short term capital loss on Quoted shares can be set off with short term capital gain on Unquoted shares?
Waiting for early replies of the members
Thanks in Advance
Menu
Setoff of capital losses
Replies (4)
Yes short term loss can set off against any gain whether short or long term
Yes , Can be set-off.
Refer https://www.exploreincometax.com/Income-tax-Ready-Reckoners/carry-forward-and-set-off-of-losses-in-the-current-year-and-in-subsequent-years
Yes, set off can be made.
YES ,YOU CAN
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
