Easy Office
LCI Learning

Capital gain

This query is : Resolved 

01 August 2019 Kindly advise
Aggregate short term Equity Hybrid Loss. Rs27113
Long Term Equity Growth Gain Rs 31603
Long term Debt fund Gain Rs24949

Whether ST loss be offset against aggregate Equity LT Gain and Debt fund LT Gain
If so the non taxable LTCG limit of 1 lac applicable
What ITR FORM 1 or 2 to be filed
Thanks

01 August 2019 Short Term Capital Losses are allowed to be set off against Long Term Gains.
Non taxable LTCG limit of 1 lac applicable, ITR Form 2 to be filed


01 August 2019 Thank you. Can you guide in the instant case no capital gain tax payable


02 August 2019 Yes no capital gains payable



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




Answer Query