19 July 2012
My father is a pensioner and has income of 2.6 lacs . Interest income from fixed deposit is 60000 ,80C deduction 6500 , short term capital loss form shares is 50000 . which ITR is to filed and how to enter loss and carry forward the loss .
19 July 2012
Short term capital loss can be set off against S.T.C.G or L.T.C.G. So in your case it needs to be carried forward until you have some Capital Gain