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Incurred a capital loss? Here is how you can set it off in your tax returns

If an investment you made incurred a loss then this is how you can make the most of the situation

Income tax department asks 10 PSU firms to pay more tax
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Archit Gupta
Saving money for your future is always good. With this intention, most of us make investments in various assets to build wealth over a period of time. Investments in real estate, equities, debentures, gold and debt oriented mutual funds, etc. are referred to as investments in capital assets. At the time of sale, one expects these investments to yield a healthy return. However, things may not go according to plan and you may incur a loss. Let’s understand how you can make the most of this situation. 

When does Capital Loss arise?

While the profit you make when you sell