Hey if i had ST Cap loss in both-current year and last yr.
And I have a STCG in current yr.
then which STCL i will set-off 1st-current yr or last yr.???
Please give source as well.
Thanks
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Tax query
Replies (1)
First STCG gain will set off against STCG loss of current year because u/s 70 first allow for set off and then allow for carried faorward of loss u/s 71
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