Comment on Taxation for Investors

Praveen commented on 06 Feb 2017, 04:22 PM

In your example above (4.7 – Short and long term capital losses) I’ve an extended question. I’m now left with STCG of 50k losses in the 2nd year. Now in case i made long term capital gain of 1,00,000. I don’t have to pay any tax againt 1 lakh. Now my question to you is, even thought i made good profit in LTCG and i don’t pay tax on it, i still continue to enjoy the benefit of not paying tax till i make another 50k in profit under STCG to net off my losses to zero? and then pay taxes when i make profits only under STCG?

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