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Short term capital loss u/s 111A

Page no : 2

praveen (Chartered Accountant) (6971 Points)
Replied 28 June 2011

Agreed with all STCL u/s 111A can be set off against LTCG


Ahmad (Akhlaque) (50 Points)
Replied 29 July 2011

Yes STCL can be set off against LTCG


ANUP MADAAN (ARTICLE) (25 Points)
Replied 26 August 2011

long term capital loss can be set off against long term capital gain but short term capital loss can be set off against long term and short term cap gain both



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