Tax Loss Harvesting Rules in India:
Praveen Dubey (SEBI Registered RA)
SP RESEARCHVIA PVT. LTD. (INH000015808)
Optimizing Portfolio Tax Liabilities Legally
Tax liability can significantly erode investment gains. Tax-loss harvesting allows you to optimize your taxes by realizing losses to offset gains. The tax planners at SP RESEARCHVIA PVT. LTD. present the essential guidelines.
What are the rules for carrying forward capital losses in India?
Short-term capital losses can offset both short-term and long-term capital gains, while long-term capital losses can only offset long-term gains. Capital losses can be carried forward for up to 8 assessment years.
Execution and Settlement Rules
Ensure that transactions are completed before the end of the financial year. Avoid wash sale-like behaviors by maintaining clear records of transactions and holding periods.
Written by Praveen Dubey
Chief Research Analyst | SEBI Reg: INH000015808
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