SCENERIO 1 (In INR) - Short term loss can be set off against long term profit |
Short Term Loss |
Long Term Profit |
Taxable Amount |
3000 |
10000 |
7000 |
|
SCENERIO 2 (In INR) - Short term loss can be set off against short term profit |
Short Term Loss |
Short Term Profit |
Taxable Amount |
2000 |
3000 |
1000 |
|
SCENERIO 3 (In INR) - Long term loss can be set off against long term profit |
Long Term Loss |
Long Term Profit |
Taxable Amount |
4000 |
7000 |
3000 |
|
SCENERIO 4 (In INR) - Long term loss cannot be set off against short term profit |
Long Term Loss |
Short Term Profit |
Taxable Amount |
5000 |
6000 |
Cannot be set off |
|