Hi All,
Would be helpful if people can comment on taxation implications of booking losses in different asset classes.
Most articles online are focusing on taxes on gains and not on losses. Hence would be helpful if someone with good knowledge (like a CA) can explain the rules. Or some good link to an article also helps.
Eg: MF equity, MF debt, Gold ETF, Stocks, NCDs, FnO, Real estate, savings accnt, FD etc… short and long term for each and what can be netted off against what and carried forward for how many years