Please clarify whether short term capital loss earned in respect of shares can be set off with short term capital gain earned in the same year (Shares were receioved under ESOPs for both the categories)
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STCG VS STCL
Replies (2)
STCL is fully adjustable with STCG in same year. only net gains after adjustments are taxable.
Yes it is allowed u/s 70.
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