Practice Drills: Harvesting Tax Losses on a Sample Portfolio

A hands-on drill course for investors with more than one income source, freelancers and small business owners, and anyone building long-term wealth who already knows what tax-loss harvesting is and now wants to do it properly. You take one illustrative investor's portfolio of NSE-listed stocks, equity, debt and international mutual funds, plus a few intraday and futures and options trades, and work through a full year-end harvest: build the lot-level holdings register from a broker tax P&L, mark every lot to market, net the gains already booked, rank harvestable lots by the set-off rules, size the harvest around the annual LTCG exemption, harvest gains as well as losses, handle the asset classes that follow different rules, stay invested without walking into the stripping rules, time the trades around settlement and 31 March, measure the real saving after costs, and report it all so the carried-forward losses survive.