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long term capital loss on shares

20 August 2018

If a person has long term capital loss from selling share ,in which coloum I have to show it in capital gain schedule? whould such losses be carried forward?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (170071 Points)
Replied 20 August 2018

Which AY?

Whether STT paid?

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dhiren bole (127 Points)
Replied 20 August 2018

It is for A.y 2018-2019 & STT has been paid on it ,sir kindly explain it in detail

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (170071 Points)
Replied 20 August 2018

As the loss on LTCG on equity is dead loss, it is not to be disclosed in ITR, as the same cannot be carried forward; nor can it be setoff with any other LT capital gains. (till AY 2018-19)

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