blessedsingle99
New member
Hi folks,
Want to know if there is a provision to declare capital loss on the sale of foreign shares and carry forward to subsequent years. Is this possible at all? If so, under what section should we be declaring such loss and for how many years that loss can be applicable? Wherever I look, I only find info on capital gains and hence the post. Please help me out. Thanks you.
Just to add more details, I am an employee working for a foreign company and received shares in the form of ESPP and RSUs. The company is listed in NASDAQ. I already missed declaring such loss in the previous years and looking to see if we can declare the loss at all. If we can, I'll try to check if it is possible to refile the returns of previous FYs.
Want to know if there is a provision to declare capital loss on the sale of foreign shares and carry forward to subsequent years. Is this possible at all? If so, under what section should we be declaring such loss and for how many years that loss can be applicable? Wherever I look, I only find info on capital gains and hence the post. Please help me out. Thanks you.
Just to add more details, I am an employee working for a foreign company and received shares in the form of ESPP and RSUs. The company is listed in NASDAQ. I already missed declaring such loss in the previous years and looking to see if we can declare the loss at all. If we can, I'll try to check if it is possible to refile the returns of previous FYs.