How to calculate short term gains?
1 Answer(s)
Satya
Hi,
The short term capital loss can be adjusted with either short term capital gain or long term capital gain. However, long term capital loss can only be adjusted with long term capital gain. Hence, in your case, you can not claim as no loss no gain from taxation point of view.
Jan 18 2013 12:17 AM
The short term capital loss can be adjusted with either short term capital gain or long term capital gain. However, long term capital loss can only be adjusted with long term capital gain. Hence, in your case, you can not claim as no loss no gain from taxation point of view.