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hard20 pts · first answer countsincome-taxcapital-gains

Setting off capital losses

In a year, an individual has short-term capital gain of ₹1,00,000, long-term capital gain of ₹2,00,000, long-term capital loss of ₹50,000 and short-term capital loss of ₹1,20,000. After allowed set-offs, what are the net taxable capital gains?

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