Capital Gains Adjustment of Basic Exemption Limit Against Shortterm Capital Gain


The Tax Publishers Capital Gains--Adjustment of Basic Exemption Limit Against Short-term Capital Gain Query Can the maximum non taxable limit under Income Tax Act for assessment year 2024-25 i.e., Rs. 3,00,000 be set off/adjusted against short term capital Gain on transfer of listed securities (STT paid) after adjusting it against sum of other income. SUBSCRIBE FOR FULL CONTENT