Can we book stcl today 28/3/2025 some CA saying loss cannnot be booked today as there is settlement holiday on 29/30 and 31st of March
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- Can you book STCL on March 28, 2025? Yes. Losses resulting from shares sold on a recognized stock exchange on March 28, 2025, belong to FY 2024-25 based on the trade date.
- Settlement Holiday Impact: While settlement dates may spill over due to year-end holidays, the tax year of the capital loss is determined by the trade execution date recorded in the contract note.
Yes, an STCL can generally be booked by selling the shares on 28 March 2025, provided the trade is executed successfully. The settlement holiday on 29, 30, and 31 March does not by itself prevent the transaction from occurring. However, confirm the tax treatment with your CA based on your specific transaction.