Please clarify whether LTCG arising due to non investment in Capital Gain account Scheme is eligible to set off against Long term capital loss occured due to sale of property in the same year in which above mentioned LTCG occur???
Menu
Sec-54_deposit in capital gain account scheme
Replies (1)
Dear Shweta Mam,
yes, such set-off is allowed....
Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com
Recent Threads
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
Related Threads
CAclubindia
