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Please Help: long term capital loss

Posted Date : 02-Jul-2013 , 02:10:56 pm | Posted By: B.k.malhotra

Category : Income Tax | Answers : 0| Comments : 0| Hits: 177

IN ASST YEAR 2012-13 I HAD LONG TERM CAPITAL LOSS OF Rs 35 LAC ON FLOOR FALLING TO MY SHARE UNDER DEVELOPMENT AGREEMENT. IN 2013-14 I SOLD THE SAID FLOOR FOR Rs 40 AND HAVE SHORT TERM GAIN OF Rs 10 LAC. WHAT IS THE TREATMENT OF LONG TERM GAIN CLAIMED IN PREVIOUS YEAR. I

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