Long term capital loss
This query is : Resolved
30 August 2012
Dear experts,
i've paid a (closed ended) mutual fund for last 3 yrs. when i closed it after lock in period i incurred a loss of rs.51000/- is this long term capital loss ? can i do indexation for this loss?
pls guide.
i've paid a (closed ended) mutual fund for last 3 yrs. when i closed it after lock in period i incurred a loss of rs.51000/- is this long term capital loss ? can i do indexation for this loss?
pls guide.
30 August 2012
if security transaction tax is paid at the time of redemption / sale, it would go to LTCL and no set off possible
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01 September 2012
if STT is paid then u will not able to get the credit of loss and there is no indexation benefit for that.
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