This discussion addresses a query about setting off short-term capital losses (STCL) against long-term capital gains (LTCG) in an ITR-3 form. The user is experiencing issues with negative values when trying to report quarterly losses. The core question is whether the STCL can be fully offset by the LTCG, and how to correctly report this in the tax return.
18 August 2025
I have short term capital loss on equity but have long term capital gain,but not able to put brakeup of quarterly loss in Itr 3 due to negative value.