I am given to understand that Most of the deductions Under Chapter VI A are removed under New Tax regime.
Is the benefit of carrying forward of previous years' losses of LTCG and STCG are also not allowed or allowed under New Tax Regime?
chandar R ( ) (225 Points)
28 July 2023I am given to understand that Most of the deductions Under Chapter VI A are removed under New Tax regime.
Is the benefit of carrying forward of previous years' losses of LTCG and STCG are also not allowed or allowed under New Tax Regime?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 28 July 2023
It will allow to be set off in new regime.