Is it possible to adjust Short term loss on sale of shares against Short Term profit received from sale of house property
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Short Term Gain Adjustment
Replies (4)
If it is not a speculation loss then you can adjust
Yes, it can be set-off. Pl refer Sec.70.
Short term loss can be set-off against against any capital gain (Whether long-term or short term and whether from shares or any other capital assets)
Yes.
yes
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