26 December 2009
My wife has sold Sardar Sarovar Bond On BSE earned Long Term Capital Gain of Rs.50000 during the F.Y 2008-09. During the same year, she has incured Long Term Capital Loss of Rs.40000 on sale of shares on BSE. Can the loss on sale of shares be sent off against LTCG made on Sardar Sarovar Bond? Experts please advaise
CAclubindia
