My Details for FY08-09 as follows,
1. Non-Resident (stayed only 30 days in india during month of March'09)
2. Salary Income of apprx. 70,000 in India and hence, have 0 tax liability for the year.
Questions:
a. During year 08-09 I have incurred apprx. 70,000 of ST capital losses in equity transactions(after accounting for ST and LT gains) and apprx 40,000 F&O losses. All the transactions done on NSE thru registered broker.
b. Also I have house property losses during the year on account of interest paid on my housing loan. The property is currently vacant/self-occupied and has no rent income.
In such case, can I carry forward all these losses to FY09-10 and offset them against respective heads during next assessment year?
Thanks for the information!
CAclubindia
