Adjustment of stcl against ltcg

599 views 1 replies

Hi

I sold a plot of land after holding it for more than three years and I made a capital gain of 15 lakhs and total sale value is 50 lakhs. I am planning to buy a flat with this money which will cost 45 lakhs. During last year I made a short term capital loss of 3 lakhs on shares.

To reduce tax liability I can utilize sec 54F. My question is can I offset the short term capital loss against the long term capital gain and still utilize section 54F

Thanks

Replies (1)

STCL can be set-off with LTCG and can avail deduction u/s54F

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details