Short term Capital gain


This query is : Resolved 

Quick Summary
This discussion clarifies whether long-term capital losses from Assessment Year 2020-21 can be set off against short-term capital gains in 2021-22. The answer is no; set-off is only permitted against long-term capital gains.

25 August 2020 Can we set off carry forward long term capital losses of AY 2020-21 with short term capital gain for in 2021-22 ?

25 August 2020 No, set off allowed only against long term capital gains.

25 August 2020 Thank you so much for your quick response Sir. Really appreciate. Regards


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