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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

Topics
Investments  |  Income Tax Act  |  Tax Department

Archit Gupta 



Income tax department asks 10 PSU firms to pay more tax

Saving money for your future is always good. With this intention, most of us make in various assets to build wealth over a period of time. in real estate, equities, debentures, gold and debt oriented mutual funds, etc. are referred to as 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.

Disclaimer: Views expressed are personal. They do not reflect the view/s of Business Standard.

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First Published: Wed, July 04 2018. 09:57 IST

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