Short term capital loss on equity shares
This query is : Resolved
12 August 2011
I suffered Short term losses on equity shares due to crash in market. If I book this short term capital loss this financial year, can I carry forward this loss to be setoff against short term capital gain in next financial year. How long I am allowed to carry forward this loss?
Kindly advise as soon as possible.
Kindly advise as soon as possible.
12 August 2011
For claiming the loss , you have to file the
return on or before the due date. Capital Loss can be c/fd up to 8 AYs.
return on or before the due date. Capital Loss can be c/fd up to 8 AYs.
15 August 2011
if your books of accounts are not required to get audited, you would have filed your ITR before July 31, 2011.
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?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
