Shorterm loss adjustment


This query is : Resolved 

Quick Summary
This discussion clarifies whether short-term capital losses can be adjusted against long-term capital gains (LTCG). The answer is yes, you can offset your short-term losses against LTCG. The calculation involves applying tax rates of 10% or 12.5% to LTCG exceeding £6 lakhs, after considering the £1.25 lakh exemption under section 112A, depending on when the gain was earned.

23 July 2025 short term loss is 70000 & LTCG is 670000 please calcullatee tax

23 July 2025 LTCG over 6 lakhs (less 1.25L if u/s 112A) at 10% or 12.5% based on date of earning gain.

23 July 2025 Can we adjust short term loss with ltcg

23 July 2025 Yes; eligible.

25 September 2025 Good luck...


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