Capital gain or loss computation

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  1. Scgeejmu

    Scgeejmu New Member

    Is short term and long term capital gain or loss separately calculated for Equity and Mutual Fund. Is loss in a particular head deductible from profit in that head only.
     
  2. ZED

    ZED Well-Known Member

    A mutual fund can be an equity oriented or a debt oriented.

    Your this Q is very vast, it would be better if you can give example of a case and then ask in respect of that case.

    [Answer to your query can be in both affirmative and negative , depending upon facts of the case.]
     
  3. Scgeejmu

    Scgeejmu New Member

    Sir, What I meant was that the STCLoss in Equity can be recovered from STCG in Mutual Fund?
     
  4. ZED

    ZED Well-Known Member

    If none of the gain/loss is exempt only then it can be offsetted.
     
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