https://www.taxtmi.com/forum/issue?id=2663 Losses arising under the tax-exempt capital gains head, notably long-term capital losses in transactions subject to securities transaction tax, can be set off against taxable long-term capital gains and, if not fully absorbed, carried forward for such set off in future years. en-us Wed, 19 Jan 2011 20:05:27 +0530 Thu, 23 Jan 2025 15:58:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2663 Losses arising under the tax-exempt capital gains head, notably long-term capital losses in transactions subject to securities transaction tax, can be set off against taxable long-term capital gains and, if not fully absorbed, carried forward for such set off in future years. Discussion-Forum Income Tax Wed, 19 Jan 2011 20:05:27 +0530 https://www.taxtmi.com/forum/issue?id=2663