Capital Loss

Tax Glossary Definition

Capital Loss

Capital Loss – Capital loss occurs when a capital asset is sold for an amount lower than its cost of acquisition. Such a loss can be set off against capital gains as per the provisions of the Income Tax Act and may be carried forward to future years under certain conditions. Capital losses are also classified as short-term or long-term, depending on the holding period of the asset.

Example: If shares purchased for ₹2 lakh are sold for ₹1.5 lakh, the ₹50,000 difference is a capital loss.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App