ITR filing: How to claim set off of capital loss against capital gains in your income tax return

A loss ocurrs when an individual sells his/her asset below the asset price. These losses can help an individual in reducing net taxable income and thereby income tax payable. However, there are certain rules one must follow to set off capital losses against capital gains. Read on to know more about the rules and how it can be claimed while filing income tax return.

from Tax-Wealth-Economic Times https://ift.tt/hW87Ztx