For how many years an NRI can carry forward Investment losses in ITR ?

POSTED BY SUNIRAJ ON March 24, 2014 2:46 pm COMMENTS (3)

Sir

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

 

3 replies on this article “For how many years an NRI can carry forward Investment losses in ITR ?”

  1. ashalanshu says:
    March 25, 2014 at 11:10 am

    Dear Suniraj, yes, you can carry forward the STCL for 8Y. Section 80C is available for NRIs.

    Thanks

    Ashal

    Reply
  2. ashalanshu says:
    March 25, 2014 at 10:07 am

    Dear Suniraj, the loss is STCL or LTCL?

    Thanks

    Ashal

    Reply
    1. SUNIRAJ says:
      March 25, 2014 at 11:01 am

      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

      Reply

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