Hi there
Can Short term capital loss under section 111A be set off with income from other sources or income from salaries ?
DT Fundas - Tarun rustagi
( Author)
(1150 Points)
Replied 08 July 2010
dear santosh
capital gain loss can not be set off against any head of income but u can set off stcl against ltcg but u can not set off against ios or salary.
regards
tarun rustagi
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"