F&O loss adjustment

Hello, can F&O loss in the current FY be adjusted against long term capital gains- from
listed or unlisted shares- in the current FY? @Quicko can you pls advice. Thanks.

Hi @xaxa,

F&O losses are categorised as non-speculative business losses and these can be adjusted against all incomes except salary in the current FY. Hence, yes, your F&O losses will get adjusted against the LTCG.