Lakshmi Vilas Bank shares were delisted. Will it be considered capital loss?

Lakshmi Vilas Bank shares were delisted. Will it be considered capital loss?
 

Weekly Tax Queries with LiveMint:

 

'Even though the shares (Lakshmi Vilas Bank) are delisted at the time of filing the return but were listed at any time during the financial year in consideration, the details of such shares would be required to be disclosed in the ITR by the taxpayer along with the PAN of the company.'

- Dr. Suresh Surana, Founder, RSM India

 

Click here to know more

How can we help you?

Contact us by phone +91 22 6108 5555 or submit your questions, comments, or proposal requests.

Email us