Setoff of capital losses



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

 

 
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Yes short term loss can set off against any gain whether short or long term

Total likes : 1 times

 
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Chartered Accountant

Yes, set off can be made.

 
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SR.ACCOUNTANT

YES ,YOU CAN

 
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