Does the wash sale rule for Tax loss harvesting is applicable in India for FY24?
Like if Sell stock A in Broker1 and bought Same Stock A in Broker2, will it be valid for Tax loss harvesting
The wash sale rule is not expressly prohibited in India.
So, yes the transaction mentioned by you is valid.
Does the tax loss harvesting indicated in zerodha includes 1 lakh of LTCG exemption?