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LTCG ON EQUITY SHARES
I am having b/f Ltcg loss on shares of Rs230000. for Fy 2018-19 I earned LTCG profit of Rs.40000 can this profit is exempted or adjusted against b/f loss
Replies (4)
it must be adjusted with this los
LTCG UPTO 100000 is exempted FOR FY 2018-19 BY SET OFF WE ARE LOSING C/F LOSS.
To set off you should have taxable LTCG. Here it's nil in view of 1 lakh which is automatic in the return.
good clarification and information
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