Setoff

can loss in capital gains be setoff against any other head..??
Replies (2)
No.. loss from cap gain can nt set off under any othr head..
Originally posted by : kriti mittal
No.. loss from cap gain can nt set off under any othr head..

Long Term Capital Loss can be set off only against the Long Term capital Gain.

Short Term Capital Loss can be set off from LongTerm Capital Gain/Short term Capital Gain.

 

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