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STCG on debt oriented fund

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(Querist)
16 September 2021 Assessee has Short Term Capital Gain without indexation from Debt Oriented Fund
He also has Long Term Capital Loss on sale of shares
After filling details in ITR 2 it is setting off Short Term Capital Gain without indexation from Debt Oriented Fund against Long Term Capital Loss on sale of shares and balance loss is c/f to next year
My question is whether above loss adjustement is correct
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
16 September 2021 Not right, as per the provision under Income Tax Act, the Long Term Capital Loss can be set off only against Long Term Capital Gains.
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MAKARAND DAMLE

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MAKARAND DAMLE (Querist)
17 September 2021 it is auto adjusted after filling form
what to do
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
17 September 2021 Wait for correction in ITR software.
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