Dear Sir,
I want to know about subjected matter.
For example - I have lost Rs. 1 L in FY 2012-2013 in stock market. Further 1 L in FY 2013-2014. How do i utilize these figures to get some tax benefits now?
Regards, Akshay
1 Answers
These capital losses can be set off against capital gains of similar nature only.
So if you have carried forward these losses from previous year to this year and also have capital gains, it can be set off.
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