STCG and LTCG setoff

Jignesh_Satra_WhatsA · June 7, 2025, 5:05pm

I have STCG of 88K and LTCG (Loss) of 35K. Can I set off the loss against STCG?

zoomtrader · June 7, 2025, 6:43pm

Long term loss cannot be used to set off short term gains.

Short term loss can be used to set off long term gains.

Jack_R · June 8, 2025, 2:15am

You can carry forward the LTCG loss for the next 8 years and set it off it against LTCG profit next year… You can do this only if you show the loss while filing the ITR so make to report the loss without fail.

Quicko · June 16, 2025, 12:50pm

Hey @Jignesh_Satra_WhatsA ,

You cannot setoff long term losses against short term gains but you will be able to carry forward these long term losses for the next 8 years. Make sure to file your ITR for FY 24-25 before the due date (15th September 2025) to be able to carry forward these losses.