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.

Losses	Can be Set off against	Can be Carried Forward up to
STCL	STCG or LTCG	8 years
LTCL	LTCG	8 years
Business Loss	Any other income except salary	8 years
Speculative business loss	Speculative Income	4 years

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

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