Indian Taxation and Loss in Share/Equity

Discussion in 'General Business' started by kolucoms6, Mar 30, 2009.

  1. #1
    I lost 2.5 lac in MF and 1.5 in shares.

    :-(

    Now, in my books ,can I show them as loss OR can only show them as loss when I sell them ?
     
    kolucoms6, Mar 30, 2009 IP
  2. hexadesigns

    hexadesigns Peon

    Messages:
    350
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    0
    #2
    Only when you sell them. Almost everyone who have invested in shares and such are in the same boat. We just need to wait and the market will come up again. :)
     
    hexadesigns, Mar 30, 2009 IP