Read more at: /forum/m-sale-long-term-capital-gain-froof-nifty-linked-debentures-210864.asp#.UF7cnlGB3J7
Read more at: /forum/m-sale-long-term-capital-gain-froof-nifty-linked-debentures-210864.asp#.UF7cnlGB3J7
Read more at: /forum/m-sale-long-term-capital-gain-froof-nifty-linked-debentures-210864.asp#.UF7dWVGB3J7
Read more at: /forum/m-sale-long-term-capital-gain-froof-nifty-linked-debentures-210864.asp#.UF7dWVGB3J7
For the F.Y. 2011-12 , i have a long term capital gain from sale of Nifty Linked Debentures and i have short term loss from equity shares.
Can the long term capital gain from sale of Nifty Linked debentures be set off against the last year and this F.Y year short term capital loss from equity shares?
Can the long term capital gain from sale of Nifty Linked debentures be set off against the last year and this F.Y year Long term capital loss from equity shares?
Please kindly guidance for tax audit