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23 July 2014 can short term capital loss on sale of shares carried forward from previous year be set off against short term capital gain by sale of property..or is it compulsory to set off against short term capital gains of shares only..thanks in advance.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
23 July 2014 Yes STCL from shares can be set off against STCG from Property. STCL can be set off against any capital gain.

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