LTCG gain set off

Dear Friends,

Can Long term capital loss from property be setoff againts LTCG gain in shares

Thanks

Replies (4)
Quick Summary
This discussion clarifies whether a long-term capital loss incurred from selling property can be used to offset long-term capital gains made on shares. The consensus is that this is indeed possible. However, a point is raised that a capital loss from property might not typically arise if sold at its registered value.

Yes.         

Yes certainly.

But there won't be LT cap loss from property as u have to sell it at registered value

Yes, of course

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