Set Off
This query is : Resolved
28 August 2009
I am a Salaried employee having income more than taxable limit. In addition to that I have Income from other sources (bank Interest, FD interest etc) and also long term capital gain and Short Term Capital Loss from Equities (Shares) . Can I carry forward the Short Term Capital Loss in the next year or I am required to set off against Long term Capital Gain?
29 August 2009
set off against LTCG
02 September 2009
stcl from eq. shares can not be set off against ltcg from eq. shares as its exempt, thus u need to carry forward ur stcl.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Confusion around Form 26QB fields
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
