Tax-loss harvesting calculator
Enter the gains you've booked and the losses you could book. See the tax saved and losses to carry forward.
- Set-off rules applied
- ₹1.25 lakh exemption
- Free, no sign-up
Plan before 31 March
Harvesting only works within the financial year, and carry-forward needs a return filed by the due date.
Questions people often ask
Can I buy the shares back?
Indian law has no wash-sale rule, but the sale must be genuine. Avoid same-day sale and repurchase.
Do I need to report losses?
Yes, in Schedule CG, in a return filed by the due date, to carry them forward.
How set-off works
Losses first, then the exemption.
- Short-term losses reduce short-term, then long-term gains.
- Long-term losses reduce long-term gains only.
- ₹1.25 lakh of long-term gains stays tax-free.
Last reviewed 9 October 2026. The rules in this calculator come from these official sources.
- Tax rules for salaried individuals, AY 2026-27 Income Tax Department
Common questions
What is tax-loss harvesting?
Selling investments at a loss before the year ends so the loss reduces the tax on gains you've already made.
Which losses offset which gains?
Short-term losses reduce short-term or long-term gains. Long-term losses reduce only long-term gains.
What about the ₹1.25 lakh exemption?
Long-term gains on listed equity up to ₹1.25 lakh a year are tax-free. You can also book gains up to that amount and buy back to raise your cost.
Can losses be carried forward?
Yes, for 8 years, if you file your return by the due date.
Does it work for crypto?
No. Crypto losses can't be set off against anything.
