As there is ltcg tax on sale of shares on income exceeding 1 lakh p.a,So, what would be the tax treatment if any long term capital loss occurred on sale ,the loss amount being below 1lakh or above in A.Y 2021-22?
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Treatment of L.t capital loss on sale of shares
Replies (1)
Cannot understand your query properly can you little clearer means what you want to say in last line
if any loss arise in long term capital gain then it's adjusted with long term and if not adjusted then carried forward to next year
if any loss arise in long term capital gain then it's adjusted with long term and if not adjusted then carried forward to next year
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