Capital gains

This query is : Resolved 

19 December 2011 Can we set off Short term capital loss against long term capital gain which is exempted u/s 10(38)?, if yes please provide supporting case laws.

19 December 2011 No, you cannot set off, since LTCG 10(38), does not form part of your income.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries