Can it be clarified whether the capital loss of mutual fund units (on sale/redemption/dividend stripping) can be adjusted against the capital gain of sale of unlisted equity shares of private company?
Thanks.
S. Krishnamoorthy
S. Krishnamoorthy (Director) (61 Points)
18 February 2013Can it be clarified whether the capital loss of mutual fund units (on sale/redemption/dividend stripping) can be adjusted against the capital gain of sale of unlisted equity shares of private company?
Thanks.
S. Krishnamoorthy
CA. Ankit Bhansali
(---)
(120 Points)
Replied 20 February 2013
can u elaborate on nature of capital gain. st or lt
S. Krishnamoorthy
(Director)
(61 Points)
Replied 20 February 2013
It is long term. The equity shares of a private limited company. Unlisted.
Regards
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)