Capital Loss Offset Query

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Kreya Shah

• September 21, 2020 13:26

Can LTCG offset with LTC Loss with the shares of the companies closed and not being traded in exchanges?

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  Team Quicko

  • September 21, 2020 13:29

  Hey Kreya,

  Long Term Capital Loss (LTCL) can be set off against Long Term Capital Gains (LTCG). However, you can not set off LTCL against Short Term Capital Gains.

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