Can LTCG from stocks and MF be set-off against losses from real esate?

Can LTCG on sale of equity shares and equity MF be offset against LT capital losses in sale of property

Hey @brij,

Yes, you can offset the losses from property against your profits from equity shares and MFs.

In India, Long Term Capital Gains (LTCG) on sale of mutual funds can be offset against losses on sale of real estate. This offset is permitted under the Income Tax Act and allows taxpayers to reduce their LTCG tax liability by deducting losses on sale of real estate within the same tax year.