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...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details