24 November 2017
Long term capital gain on sale of plot of land ( 6 lacs), can it be set off against Short term Capital Loss (2 months) incurred from sale of shares (bonus stripping) ???. Shares purchased @ 1000/- sold exbonus @ 500/- in 2-3 months. ???. The remaining bonus shares to be held for more than 12 months.
CAclubindia
