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Taxation

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23 July 2013 Is it mandatory to disclose Long Term Capital Loss from shares (exempt u/s 10(38)) in ITR 4?
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Ankit

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Ankit (Expert)
23 July 2013 No Mayuri,

only exempt income is to be disclosed . not the loss. loss is to be disclosed only if it is to be carried forward, which is not so in your case

- Ankit
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Ankit

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Ankit (Expert)
23 July 2013 you are welcome
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