| Question And Answer | |
|---|---|
| Subject: | Long Term Capital Loss on Equity |
| Category: | Income-Tax |
| Querist: | Shankar |
| Answered by: | Advocate Shashi Ashok Bekal |
| Tags: | Long term capital loss equity |
| Date: | April 29, 2023 |
Whether the taxpayer has the option to apply indexation on long term capital loss incurred on sale of listed equities?
Yes, the taxpayer can index the cost of acquisition for the purpose of computing long-term capital gains or losses on the sale of listed equity shares.
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