Capital Loss

ITR 835 views 1 replies
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Job Business
99 Points Joined September 2008

IN ITR-4

where is to enter Amount of Capital Loss (Short term or Long term) for current year, as a sheet named "CG-OS" available, but if Short Term loss for current year no negative value can enter in it.

How to show current year Short Term Capital Loss or LTCL?

please guid

Thanks

Hasmukh patel

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On 15 June 2011 at 16:36 Report
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Accounts manager-MBA
2150 Points Joined July 2008

SHORT TERM LOSS CAN BE SET OFF AGAINST SHORT TEM GAIN OR CARRIER FORWARD FOR NEXT YAER

BUT FOR C/F LOSS RETURN MUST BE FILE ON TIME

LONG TERM GAIN IS EXEMPT FROM TAX

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On 15 June 2011 at 17:57


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