Youtor
Set off amp Carry Forward Of Capital Losses I Mandatory ITR Filing
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=F4193nD-XQk
For detailed information, click here - https://cleartax.in/s/set-off-carry-f.... • When you calculate your Capital Gains, where the sale receipts from a Capital Asset is less than cost of acquisition (whether indexed or not) and expenses on transfer – instead of a Capital Gain you incur a Capital Loss. While Capital Gains are taxed according to the tax rate applicable based on the type of asset and whether they are long term or short term. • To keep a track of your losses, the Income Tax Department has laid out that losses for a year cannot be carried forward unless that year’s return has been filed before the due date. Even if it’s a loss return, you do not have any income to show – do file your return before the due date.
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