STCG on Debt Mutual Funds

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  • Team Quicko

    Hi Jaya,


    You should declare STCG on debt mutual funds in A5 of Schedule CG in ITR-2.


    Further, Long Term Capital Losses(LTCL) can be set off against other LTCG. It can not be set off against STCG and any other income. 

    You can read more about Long Term Capital Gain Tax on Shares on our Learn Center.

    Hope this helps :)

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