capital gains losses
Harshit Sardana (44 Points)
10 July 2019
why does capital gains losses are not allowed to be adjusted under any other head of income?
1 Replies
CA. Umesh kumar
(ca.umesh11@gmail.com)
(1465 Points)
Replied 10 July 2019
Because some tax payer were misusing this set off benefits by generating false capital loss, ex. salary employee may set off loss from salary and do not pay any tax or less tax, therefore law amended
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