https://www.taxtmi.com/acts?id=9515 Where the net result under the head Capital gains is a loss, the whole loss is carried forward to the following assessment year; short term capital losses are set off only against capital gains from other short term assets, long term capital losses are set off only against capital gains from non short term assets, and any unsiftable portion is carried forward further. Sub section (3) of the section is omitted. en-us Tue, 21 Oct 2008 13:30:30 +0530 Tue, 21 Oct 2008 13:30:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9515 Where the net result under the head Capital gains is a loss, the whole loss is carried forward to the following assessment year; short term capital losses are set off only against capital gains from other short term assets, long term capital losses are set off only against capital gains from non short term assets, and any unsiftable portion is carried forward further. Sub section (3) of the section is omitted. Act-Rules F. Acts / Amendment Acts Tue, 21 Oct 2008 13:30:30 +0530 https://www.taxtmi.com/acts?id=9515