Set-Off & Carry Forward Rules: What the New Income-Tax Bill Means for Your Losses?

Mitali , Last updated: 23 July 2025 Share Follow on Google News

The current Income-tax Act, 1961 and the upcoming Income-tax Bill, 2025 contain several restrictions for set-off, like business loss is not permitted to be set-off against salary income, capital losses are not permitted to be set off against income under any other head, loss from house property can

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About the Author

Mitali

Finance Professional

I write about Income Tax, GST, TDS, RBI updates, government schemes, and personal finance in India. My focus is on simplifying complex tax and compliance topics into easy-to-understand guides that help readers stay updated with the latest financial rules, investment options, and regulatory changes.

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