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Setting off equity LTCG loss against debt LTCG gains.

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12 March 2020 Hi experts,

I have LTCG losses of around 20K for this FY and also from carried forward from last FY. For this FY, I have LTCG gains of around 40K (after indexation) from Debt funds. My question is, can I set off the 20K loss from equity against 40K gains from Debt? Appreciate your clarification and thanks in advance for your help...

Regards,
Prabhu

12 March 2020 Yes you can do such adjustments.



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