Set off against long term capital gain (off market)

manish (partner) (24 Points)

29 March 2011  


    if i have long term capital loss (off market) , what can i set it off against?

1) short term gain (stt paid) ? or

2) short term gain ( off market)?


If none of above then whats the best way to utilize this loss?

if i carry it forward to next year then can i set off against anything in next year?