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Trading losss - relief against capital gains

Former userFormer user2y ago
Hi After setting off tot income of the current year we can, claim relief of capital gains The rule is lower of Relevant amt and maximum amt The maximum amt is calculated as follows: NEt capital gains less captial loss B/F But we set off the trading loss before considering captial loss B/F.. Then why do we include it while calculating maximum amount?
JJill2y ago#1
The simple answer - thats the rule. Sorry
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