Capital Gain on sale of Listed Equity Shares

This query is : Resolved

Quick Summary

This discussion clarifies whether Long-Term Capital Gains (LTCG) can be offset against Short-Term Capital Loss (STCL) within the same financial year. The consensus suggests that while LTCG can indeed be offset against STCL, the reverse is not permissible. Further clarification is sought regarding the interplay between long-term capital loss and short-term capital gain.

Bhavesh

Bhavesh (Querist)
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06 May 2025 Hello friends, I have a long-term capital gain in FY 2024-25. My query is whether I can offset LTCG against the short-term capital loss of FY 2024-25. I also want to know about long-term capital loss and short-term capital gain. Thanks in advance.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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06 May 2025 1. Yes. Eligible.
2. Not eligible.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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06 May 2025 Good luck.

Bhavesh

Bhavesh (Querist)
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07 May 2025 Hello, Dhirajlalji, I didn't get your point can you please elaborate?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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07 May 2025 I can offset LTCG against the short-term capital loss of FY 2024-25. ..... YES

I also want to know about long-term capital loss and short-term capital gain. ,,,,,, NO...

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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28 September 2025 Good luck.....

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