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 Threads
- Income from profession less than 50 Lakhs
- Discover the Best CA Classes in Delhi for a Succes
- Is CA Foundation Compulsory for Becoming a Charter
- Setting CA practice.
- Difficulty in uploading itr3
- Gift received from Sister
- "off market credit transactions" mention
- Section 5A - Portuguese Civil code applicability
- Tax Audit Applicable or not?
- Understanding Why the CA Foundation Pass Percentag
Related Threads
CAclubindia
