Hi Expers
i have a small query.
i have carried forwarrd losses from previous years, LTCL 5k and STCL 10k.
if i make LTCG of 50k in this year, can i adjust both of the previous years carried forward losses against this years LTCG ?
i.e. 50k LTCG - 5k Carried forward LTCL - 10k carried forward STCL = 35k taxable ?
kindly advise.
thanks