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Capital gain

This query is : Resolved 
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(Querist)
01 August 2019 Kindly advise
Aggregate short term Equity Hybrid Loss. Rs27113
Long Term Equity Growth Gain Rs 31603
Long term Debt fund Gain Rs24949

Whether ST loss be offset against aggregate Equity LT Gain and Debt fund LT Gain
If so the non taxable LTCG limit of 1 lac applicable
What ITR FORM 1 or 2 to be filed
Thanks
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
01 August 2019 Short Term Capital Losses are allowed to be set off against Long Term Gains.
Non taxable LTCG limit of 1 lac applicable, ITR Form 2 to be filed

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S.L. Narasimhan

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S.L. Narasimhan (Querist)
01 August 2019 Thank you. Can you guide in the instant case no capital gain tax payable
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 August 2019 Yes no capital gains payable
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