Ltcg setoff

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Manager
247 Points Joined April 2012
I have made a long term capital loss on sale of equity shares and also have made long term gains on sale of debentures.... Can the Ltcg on debentures be setoff against losses from listed equity shares..
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On 23 July 2013 at 16:13 Report
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TAX ADVISOR & CONSULTANT AT G.S.T SUVIDH
1372 Points Joined June 2012

HI

you can set off Loss on sale of equity shares on which STT paid against Profit on sale of Debentures.                                                                           

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On 23 July 2013 at 21:34


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