Long Term Capital Gain set off

Hi Rajiv,

First you should go for Intra Head adjustments, in case of excess amount you can offset the same with inter-head also. incase there is no LTC Loss then you offset the LTCG with STC Loss.

Amit.

please  refer  section 74(1) (b)  of the Income Tax act 1961  , One can not  set  off  Short  term capital  loss  against  Long term capital gain , In think in any  case .