CA Inter doubt
Loss from Long term capital gain (property sale) can be set off against long term capital gain (speculative business) ?
Asked by Ariharan4 Mar 2024429 views
8 answers
Kanishk · 4 Mar 2024
Yes
mohammed · 4 Mar 2024
Long term capital loss can set off from long term capital gain
Yogeshwari · 4 Mar 2024
Any long term capital loss can be set off against any long term capital gain
Hársh · 4 Mar 2024
Anuraga and keerthana u r wrong
Hársh · 4 Mar 2024
Bro he is settinf loss from property sale from gain of speculative business which is allowed ...but the vice versa is not allowed
Hársh · 4 Mar 2024
Yrs u can set off
Anurag · 4 Mar 2024
No
Keerthana · 4 Mar 2024
No speculative business loss can only be set off against speculative business gain..no other loss are permissible
Free app · 5 lakh+ learners
Ask your doubt in the Studycaller app
Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.