Can I carry forward the losses incurred from dealing in foreign listed securities under Income Tax Act?

Modified on Thu, 12 Jan 2023 at 05:25 PM

Yes. The losses arising from the sale of foreign listed securities can be carried forward up to eight consecutive years while losses from speculative business can be carried forward for a period of 4 years.





Disclaimer: This article is for informational purposes only. None of the contents of this article should be treated as advice.

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