Dear Sir/Madam,
In a financial year by sell of some equity if I make LTCG of say 2 Lakh Rs and during sell of some other equity make loss of 2 Lakh Rs then does it mean that the net LTCG is zero?
Can Gains and Losses (LTCG) be simply added to calculate the final gain in a financial year?
Thanks and regards,
Rajesh.
VNSS & Co
Mumbai
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