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  • News From Press Normally, long-term capital losses are allowed to be set off against long-term gains

    Normally, long-term capital losses are allowed to be set off against long-term gains

    Source: Mint Oct 24, 2017

    I incurred long term capital loss (LTCL) of about Rs75,000 while selling a listed share wherein I had paid STT. I also made long term capital gain (LTCG) of about Rs90,000 by selling an unlisted equity shares. Here I had not paid STT. Can I adjust above LTCL against the LTCG? 

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