ITAT Mumbai held that section 70 of the Income Tax Act allows first setting off the short term capital loss against the non STT gains taxable at thirty percent, and then applying the balance against ...

Please let me know if short-term capital gains (STCG) or capital losses can be adjusted against long-term capital gains (LTCG ...

The High Court held that the tax department cannot deny set-off of short-term capital loss when the same claim was accepted in factually identical connected cases. Consistency in tax treatment was ...

I had purchased 50 shares of ‘X’ at 100 on March 1, 2025 for the long term. To reduce my tax liability in respect of ...

Although derivative transactions are squared off without delivery, they are treated as non-speculative business income under ...

Strategically implementing tax‑loss harvesting can reduce taxes and boost net returns—here’s how to know when it’s worth it and how to execute properly Written By Written by Staff Money Writer, WSJ | ...

Under Indian tax laws, short-term capital losses (STCL) from shares and other capital assets can be used to offset both short ...

Wealthfront beats out Fidelity, Schwab and Vanguard when it comes to direct indexing and tax loss harvesting. You make money in the market but tell the IRS you’re losing money. Yes, this works—for a ...