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Long term capital loss u/s 10(38)

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(Querist)
02 April 2015 if there is a long term capital loss on listed equity shares on which STT was paid & transacted through recg stock exchange in India .would that loss can be set off against income as ltcg was exempt if in case there is gain
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CA Mohit Bansal

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CA Mohit Bansal (Expert)
02 April 2015 No loss against exempt income is not allowed for set off

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