Long TermCapital Gain
This query is : Resolved
25 June 2008
I have incured loss on sale of share.
I want to carry forward this loss to next year.
For this, i want to sold my share to my friend without paying STT.
Am i right or not?
I want to carry forward this loss to next year.
For this, i want to sold my share to my friend without paying STT.
Am i right or not?
25 June 2008
you are sold this shares to your friend without paying STT so if shares are held less than one years then it is short term capital loss & sold after one year it is long term capital loss & set off against long term capital gain with in eight years from the end of the assessement year
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