Community Information
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Can we offset short-term capital gains (STCG) losses against long-term capital gains (LTCG) profits?
I have ₹1.5 lakh in LTCG and ₹3,000 in STCG. I would like to know if I can sell some underperforming short-term stocks to reduce my LTCG profits from ₹1.5 lakh to below ₹1.25 lakh.2
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