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Can short-term capital gains be set-off by investing in capital gains bonds?

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Can short-term capital gains be set-off by investing in capital gains bonds?

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No. Short-term capital gains cannot be set off by investing in capital gains bonds under Section 54EC. This benefit is only in respect of long-term capital gain.

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No, Short-term capital gains cannot be set off by investing in capital gains bonds under Section 54EC. This benefit is only in respect of long-term capital gains.

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No, Short term capital gains cannot be set off by investing in capital gains bonds under Section 54EC. This benefit is only in respect of long-term capital gain.

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