TMI BlogNon setting off the short term capital gain against long term capital loss brought forward - There is...Non setting off the short term capital gain against long term capital loss brought forward - There is merit in the contentions of the appellant that prior to amendment to section 70 & 74 by the Finance Act, 2002, the carry forward capital loss was not bifurcated between short term capital loss and long term capital loss. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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