Loss Harvesting -Capital Gain From Equity FY-2024-25

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This discussion explores the possibility of managing Short Term Capital Gains (STCG) for the financial year 2024-25. The user has realised STCG and an unrealised loss in Adani Enterprises. They are asking if selling and repurchasing the same stock the next day is a valid strategy to offset their capital gains against this ST loss.

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(Querist)
22 March 2025 Dear Sir,
In this FY 2024-25 , I have earned Short Term Capital Gain of Rs. 125882/- , I have Holding Adani Enterprise
150 Qty. having unrealized loss of Rs.1,01748/- . This Stock 150 qty are available as to Manage Capital Gain Reports.
Can I sell this stock and Buy Next Day , to Manage my Short Term Capital Gain against this ST loss.
Please advise
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
22 March 2025 Yes, provided you incur ST cap loss over it...
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Dhirajlal Rambhia

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