Set off long term capital gain of gold

Tax queries 332 views 1 replies

hello friends

i sold gold and get rs 2000000 profit and on dat i get rs 200000 long term capital gain as per indextaion .

1.can i set off this capital gain rs 2000000 against shor term loss of equity.

please rply fast.

Replies (1)
short term loss on sale of equity shares cannot be set off against long term capital gain


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