I lost money in srei ncd investment. I want to know can i offset this lost against any other income? I have income from interest, house rent, stcg on shares.
4 Replies
Saravanan nagaraj
(463 Points)
Replied 11 February 2024
You can adjust your loss from NCD when you sale. It falls under short term or long term capital gains. You can offset your loss agains other STCG or LTCG.
🙏 Thanks
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 12 February 2024
You can set off such loss against STCG on shares.
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