https://www.taxtmi.com/caselaws?id=390155 The Tribunal allowed the appellant's appeal, permitting the set-off of Long-Term Capital Loss (LTCL) of Rs. 311.80 Lacs against Long-Term Capital Gains (LTCG) of Rs. 176.62 Lacs and the carry forward of unutilized losses of Rs. 135.18 Lacs. The decision was based on distinguishing between the exempt income from LTCG on equity shares and the entire source of capital gains, allowing the set-off of losses from the sale of shares against gains from the sale of properties. en-us Fri, 20 Dec 2019 00:00:00 +0530 Tue, 24 Dec 2019 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390155 The Tribunal allowed the appellant's appeal, permitting the set-off of Long-Term Capital Loss (LTCL) of Rs. 311.80 Lacs against Long-Term Capital Gains (LTCG) of Rs. 176.62 Lacs and the carry forward of unutilized losses of Rs. 135.18 Lacs. The decision was based on distinguishing between the exempt income from LTCG on equity shares and the entire source of capital gains, allowing the set-off of losses from the sale of shares against gains from the sale of properties. Case-Laws Income Tax Fri, 20 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390155