POSTED BY March 24, 2014 2:46 pm COMMENTS (3)
ONSir
I am an NRI . If I have a loss (INVESTMENT LOSS IN SHARES ) in AY 2011-12 , how many years I can carry forward the same . Can an NRI get the benefit of Sec 80 C and how much is the total allowance
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Dear Suniraj, yes, you can carry forward the STCL for 8Y. Section 80C is available for NRIs.
Thanks
Ashal
Dear Suniraj, the loss is STCL or LTCL?
Thanks
Ashal
Hi Mr Ashal
Thanks for your response . Actually it is STCL and I hope it can be set off against STCG in the same year and future years until the loss is settled , am I correct kindly advice . Also sec 80c benefit is available for NRI ?
Thanks and regards