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Long term capital gains

Tax queries 703 views 1 replies

Hello CA club,

Can gains from short term capital gains(equity) can be adjusted/set off against long term capital loss from equity in a particular Financial year ?

 

Thanks

Josh

Replies (1)

Originally posted by :josh

" Hello CA club,

Can gains from short term capital gains(equity) can be adjusted/set off against long term capital loss from equity in a particular Financial year ?

 

Thanks

Josh
"

 

It can be set-off

 

this is a loophole


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