There was a long term capital loss of Rs.100000 for FY 2017-18. The return was filed before extended due date. Can I set off the LTCL in FY 2018-19 LTCG if I filed the return for 2018-19 belatedly.
Jayesh NP (Tax Practitioner) (175 Points)
06 November 2020There was a long term capital loss of Rs.100000 for FY 2017-18. The return was filed before extended due date. Can I set off the LTCL in FY 2018-19 LTCG if I filed the return for 2018-19 belatedly.