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LTCG from property

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(Querist)
11 July 2009 Can LTCG from property be set off against share futures loss. What are the ways to set off LTCG from property.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
11 July 2009 LTCL can be set off only from LTCG whereas STCL can be set off against LTCG as well as STCG.
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
11 July 2009 agree
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
11 July 2009 agree

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