Tax Query

if u have paid Securities transaction tax than it can be considered as an short term capital loss and u can claim deducton for it of set off it against your other long term capital gains

Yes hitesh is right you can set off your STCL with LTCG and STCG

@ siddharth:

u can check out the losses and carry forward sections starting frfrom sec 70 onwards.

u will get accurate answers for ur self.

visit

www.incometax.gov.in