Loss due to Write off of Debentures/ Bonds/Shares
This query is : Resolved
N K Somani
(Querist)
21 July 2021
I like to know the process for claiming loss due to write off of the bonds/ shares/ debentures by the issuer under any scheme as approved by respective bodies
Live examples are Yes bank bonds written off by issers and DHFL shares unlisted due to recent scheme of take over, which now cannot be transferred also, as per restrictions imposed by NSDL
I like to know how and where this loss can be claimed in Income tax return of the holder?
Thanks a lot
Live examples are Yes bank bonds written off by issers and DHFL shares unlisted due to recent scheme of take over, which now cannot be transferred also, as per restrictions imposed by NSDL
I like to know how and where this loss can be claimed in Income tax return of the holder?
Thanks a lot
11 October 2021
No claim. It is Capital Loss.
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