Is it possible to adjust Short term loss on sale of shares against Short Term profit received from sale of house property
Menu
Short Term Gain Adjustment
Replies (4)
If it is not a speculation loss then you can adjust
Yes, it can be set-off. Pl refer Sec.70.
Short term loss can be set-off against against any capital gain (Whether long-term or short term and whether from shares or any other capital assets)
Yes.
yes
Recent Topics :
- Capital Gain on sale of Depreciated Factory Gala
- Interesting Observation from a Recent Income Tax S
- ITR 3 Utility Not Taking Marginal Relief on Net To
- MV Electrosystems IPO Allotment Date, Status Check
- TDS payment code query
- Query on FLAIR return
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
Related Topics :
CAclubindia
