Stcl can be set off against exempt ltcg
Ashwini P (Article Assistant) (69 Points)
22 July 2016
CA Karan Sathe
(CA )
(564 Points)
Replied 22 July 2016
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 28 July 2016
what is the logic, why do you want to do that? Is CFL an issue?
Rinky Senger
(_)
(205 Points)
Replied 30 July 2016
There is no point in setting-off losses with exempt income. Just carry forward the short term loss for set off in future years.
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