setting off LTCG

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43 Points Joined May 2017
if an assessee has a LTCG of RS.8Lacs....can I show -6lacs under the head IFOS(interest paid to unsecured loans) so that LTCG reduces to Rs.2lacs
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On 22 July 2017 at 08:33 Report
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31 Points Joined October 2011
A big no. deductions for capital gains are the following:
1. COA or ICOA
2. COI or ICOI
3. Expenses directly attributable and incurred wholly for transfer.
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On 22 July 2017 at 15:09
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43 Points Joined May 2017
after considering all the above.....assessee is getting LTCG of RS.8lakhs
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On 23 July 2017 at 12:36


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