Easy Office
LCI Learning

Long term capital gain -shares

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 June 2013 If there is a long term capital loss in shares transaction i.e. STT is charged in the transaction though we have to not to carry the loss whether it is compulsary to show this loss or what if yes then in ITR 4 where it is to be shown
Profile Image

CA Mehta Ankur N.

Profile Image

CA Mehta Ankur N. (Expert)
25 June 2013 It is to be shown & should be shown under section 10(38) as negative figure.


AS LTCG on share is exempt so same section will apply.
Profile Image

CA Kapil Verma

Profile Image

CA Kapil Verma (Expert)
25 June 2013 if loss is occur, you should show it and carry forward it.

Show as capital gain loss in ITR-4
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Mehta Ankur N.

Profile Image

CA Mehta Ankur N. (Expert)
25 June 2013 CA Kapil Verma its income is exempt then how can one carry forward & set off the loss from same ?
Profile Image

amol

Profile Image

amol (Querist)
01 July 2013 THANKS A LOT SIR

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
Live Budget News and Updates

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