The final Income Tax Act, 2025 has removed a one-time provision that allowed brought-forward long-term capital losses to be set off against short-term capital gains. This change reverts to the ...

This analysis explains capital asset definition, computation rules, and exemptions under the Income-tax Act. Landmark Supreme Court rulings clarify when capital gains can and cannot be ...

In the original draft of the Income-tax Bill, 2025, the savings clause provided that any capital losses -- long-term or short ...

Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...

Know the differences to get the most from your investment portfolio ...