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Shoht term Capital loss set-off

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26 April 2009 One of our claint was invested in mutual fund due to the economic slowdown there investment rate come down and they have redeem the mutual fund investment , as the results Shortterm capital loss has been areas, now shall we set-off the capital loss for business profit .

27 April 2009 NO any capital loss can be set off agsint only capital gain. I will come with detailed reply by tomorrow.



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