Reporting of LTCG in ITR2

If a following LTCG scenario arises for same set of equity:

i) Non-Indexed LTCG capital gains shows LTCG Profit.

ii) Indexed LTCG shows LTCL Loss. 

Which one should be chosen for reporting purpose? Is there a law which says that higher of the two LTCG between Non-Indexed and Indexed, higher amount should be reported in Schedule EI?

Can taxpayer choose to report LTCL loss (i.e.Zero)? Because there is indeed a loss when we look from indexation.