Long Term Capital Loss
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 July 2010
Dear Sir,
Long Term Loss Rs. 1,79,787/- During the year
can i Carry forward?
Long Term Loss Rs. 1,79,787/- During the year
can i Carry forward?
24 July 2010
If the loss is in shares of which gain is exempt u/s 10(38) then the same cannot be carried forward then loss cannot be carried forward.
If loss due to other than above then loss can be carried forward if return filed within the due date.
If loss due to other than above then loss can be carried forward if return filed within the due date.
24 July 2010
agreed with aditya
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