Set off of stcg

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VP
45 Points Posted on 21 May 2013

Dear Experts,

I have some shortterm capital gains from Debt and Money Market Mutual Funds. Can I set off this against 

1. Previous Years STCG

2. previous Years LTCG

3. This Year STCG on Shares/Equity Funds

4. This years LTCG on Shares/Equity Funds

5. This years LTCG (after indexation) on debt mutual funds 

Can you please suggest the order of settng off as well, if applicable.

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On 21 May 2013 at 23:59 Report
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Chartered Accountant
4780 Points Posted on 22 May 2013

STC loss can be set off against STCG and LTCG. Further STCG cannot be set off against STCG.

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On 22 May 2013 at 01:23

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