https://www.taxtmi.com/acts?id=45710 The substituted section requires capital gain losses to be carried forward and set off in separate streams: losses from short term capital assets against short term capital gains and losses from other capital assets against gains from those assets; a small loss exclusion applies to non company assessees. Short term losses may be carried forward for up to eight succeeding assessment years and non short term capital losses for up to four succeeding assessment years. Transitional carry forwards from the earlier Act are allocated between these streams and dealt with accordingly. en-us Fri, 29 Nov 2024 17:20:39 +0530 Fri, 29 Nov 2024 17:20:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45710 The substituted section requires capital gain losses to be carried forward and set off in separate streams: losses from short term capital assets against short term capital gains and losses from other capital assets against gains from those assets; a small loss exclusion applies to non company assessees. Short term losses may be carried forward for up to eight succeeding assessment years and non short term capital losses for up to four succeeding assessment years. Transitional carry forwards from the earlier Act are allocated between these streams and dealt with accordingly. Act-Rules F. Acts / Amendment Acts Fri, 29 Nov 2024 17:20:39 +0530 https://www.taxtmi.com/acts?id=45710