Hello CA forum,
I like to know whether long term capital loss from equity can be adjusted against the short term capital gain from equity or not ?
Thanks
Josh
Hello CA forum,
I like to know whether long term capital loss from equity can be adjusted against the short term capital gain from equity or not ?
Thanks
Josh
No,
As it is a speculation business long term capital loss can be set off against long term capital gains only............
No
Why it is not so ?
R P S K & Associates
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Rahul Dang & Associates-Chartered Accountants
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