Adjustment of LTCL against LTCL

Can I adjust the long term capital loss suffered in DHFL bonds against the profits made from sale of shares (sold in NSE paying STT) in the current financial year? 

Thanks.

Lakshminarayanan

Replies (4)
Quick Summary
This discussion clarifies whether long-term capital losses (LTCL) incurred from DHFL bonds can be adjusted against profits made from selling shares. The consensus is that if the share sale results in a long-term capital gain and STT has been paid, then yes, the LTCL can be offset against these gains.

Is the gain from sale of shares long term? then yes

Yes, long term gain on shares.

Thanks for your response.

Yes. It can be adjusted.

Thank you for your response.

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