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Short term losses can be adjusted against Salary Income

1298 views 7 replies

CA. Amit Daga

Finance Controller CA. CS. CFA. CIFRS.

9017 Points Joined October 2007

Dear All,

Good News......

In a move that will boost investor sentiments and protect innocent small investors, finance ministry is proposing to allow (as an exception for F.Y. 08-09 only) short term capital losses incurred by investor in share market (A category companies only) against Salary Income. Detail notification can be downloaded from https://www.incometaxindia.gov.in

List of companies for which such short term losses can be adjusted against Salary Income is enclosed.

Regards

Amit Daga

Attached File : 30 short term loss -companies list.doc downloaded: 122 times

Replies (7)

CA CS CIMA Prakash Somani

Landmark Group

23517 Points Joined July 2007

Nice info Amit, It will definatly give a sigh of relief to investors.

NIKHIL SHAH

pcc student

105 Points Joined March 2009

very nice information....

thanx...

tanuja...........

pcc student

571 Points Joined March 2009

good information.....

thank you

CA. Jyoti Baid

290 Points Joined January 2009

..........
"	thanks for the news	"

CA. Amit Daga

Finance Controller CA. CS. CFA. CIFRS.

9017 Points Joined October 2007

Dear All,

Its my request to all of you before making any kind of comment atleast you have to see message properly. Just check message properly and tell me whats good in this message

Best Regards

Amit Daga

SARVAGN

STUDENT

25 Points Joined June 2009

i want to know is it true that short term capital loss can writeoff against salary income? and if it is true than give me that co's list

krishan gopal

auditor

27 Points Joined November 2009

Originally posted by :SARVAGN
"	i want to know is it true that short term capital loss can writeoff against salary income? and if it is true than give me that co's list	"

I want to short note on income from salary .Plz help me ?