Long term capital loss foreign listed shares

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While LTCG is taxable on foreign listed shares at 20% (with indexation) after being held for 2 years, can Long Term Capital Loss from foreign listed shares be availed and carried forward for 8 years and applied towards LTCG of debt mutual fund units held for more than 3 years in India?

Replies (2)
yes it can be applied
Yes you can set off long term capital loss against long term capital gain and also can carried forward.

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