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Set off of stcl against ltcg

This query is : Resolved 
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(Querist)
05 December 2011
I HAVE QUERY REGARDING SET OF STCL AGAINST LTCG.
MY COMPANY HAVE MAKE LONG TERM PROFIT WITHOUT SECURITY TRANSACTION TAX AND INCURRED SHORT TERM LOSS TRADING WITH SECURITY TRANSACTION TAX.

WHETHER SUCH SHORT TERM LOSS CAN BE SET-OFF AGAINST LONG TERM PROFIT
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CA VISHAL RANA,CS,B.Com,AMFI

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CA VISHAL RANA,CS,B.Com,AMFI (Expert)
05 December 2011 yes definately you can set off STCL with LTCG.....stcl can be set off against STCG,LTCG
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PAVAN RAJPUROHIT

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PAVAN RAJPUROHIT (Querist)
05 December 2011 BUT STCL IS WITH SECURITY TRANSACTION TAX AND LTCL IS WITHOUT SECURITY TRANSACTION TAX.
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