Long term capital loss carry forward

yashmitha (student) (79 Points)

21 July 2024

I've LTCG of 65k and LTCL of 132k
can I carry forward only the net loss of 67k or full 132k?

Reply
Follow
Share

5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167898 Points)
Replied 21 July 2024

Net loss of 67K....

1 Like

yashmitha (student) (79 Points)
Replied 21 July 2024

Both LTCG and LTCG are related to shares as the LTCG of upto 1lakh is exempt can the whole LTCL of 132k be carried forward or the net amount?

1 Like

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167898 Points)
Replied 21 July 2024

Only Net loss.......

The exemption is available only if net LTCG is positive.

yashmitha (student) (79 Points)
Replied 21 July 2024

Clear, thank you sir

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167898 Points)
Replied 21 July 2024

You are welcome.

Start a New Discussion

view all classess

Forum Home