“A Guide to Claiming Capital Loss on Delisted Shares”

“A Guide to Claiming Capital Loss on Delisted Shares”

Claiming a capital loss on delisted shares for your ITR filing can be a bit tricky, but it’s possible under the Income-tax Act, 1961. The key is to understand that a loss can only be claimed when a “transfer” of the shares occurs, not just when they are delisted. Delisting means the shares are no … Read more

How to Carry Forward Capital Losses Using ITR-2

How to Carry Forward Capital Losses Using ITR-2

Navigating a short-term capital loss (STCL) can be a bit confusing, but filing your Income Tax Return (ITR) correctly is key to managing it effectively. If you’ve incurred an STCL in the Financial Year (FY) 2024-25, here’s how you can use ITR-2 to carry it forward and reduce your future tax liability on capital gains. … Read more