Easy Office

Set off

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 March 2015 can business loss be set off with short term capital gain?
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
20 March 2015 Yes it can be set off within the in the same. Business los carried forward to subsequent year can eb set off only under the same head.

For details see link given below:

http://incometaxmanagement.com/Pages/Gross-Total-Income/Set-Off-Carry-Forward-Losses/Set-Off-and-Carry-Forward-of-Losses.html

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links