Taxability of LTCG

A resident individual can adjust the basic exemption limit against long term capital gains (LTCG). A resident individual can adjust the LTCG but such adjustment is possible only after making adjustment of other income. In other words, first income other than LTCG is to be adjusted against the basic exemption limit and then the remaining limit (if any) can be adjusted against LTCG.

If no other income than capital gain, then u can set off 3 lakh against capital gain, however u have to compulsory file return

Agree with dheeraj ji and sagar ji