Offset loss on ncd

If you've experienced a loss on your SREI NCD investment, you may be able to offset this against other income. Losses from NCDs typically fall under capital gains tax rules, meaning they can often be set off against short-term capital gains (STCG) from shares. However, the specifics of offsetting these losses can be complex and may depend on whether the NCD is considered a short-term or long-term capital asset upon sale.