Easy Office
LCI Learning

Settoff of Long Term GAin

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 February 2010 Can we set off long Term Capital Gain on property against the Brought forwards Loss under head long Term Capital Loss (From sale of shares)
Profile Image

CMA. Dinesh S Adhikari, ACMA

Profile Image

CMA. Dinesh S Adhikari, ACMA (Expert)
22 February 2010 Yes, it can be set-off, provided brought forward capital loss is LONG TERM CAPITAL LOSS (Sec 73).

Regards!!!
Dinesh S. Adhikari

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links