Whether Short term loss on shares can be claimed as set off against long term gain of property, if these shares are sold without stt being paid. i.e. off market sale.
Ishan kewlani (Article) (172 Points)
29 March 2013Whether Short term loss on shares can be claimed as set off against long term gain of property, if these shares are sold without stt being paid. i.e. off market sale.
Sonam Bidasaria
(CA)
(770 Points)
Replied 13 May 2013
Yes. It can be set off against long term sale on property.
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