Holding period for capital gain

CA Abhilasha Bhagat (ACA) (466 Points)

04 September 2014  

If a person sells listed shares offline in September,2014 having holding period of 2 years and long term capital loss is available, can it be set off against the gain arising on such transfer?

 

Or say, holding period of more than 12 months will be considered as long term for listed equity shares, despite of the fact that it is sold offline. (For Sept, 2014)