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Adjustment of Business Loss.

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(Querist)
05 August 2010 I am having a proprietory business and also I am working in a company fro which I am receiving a salay and TDS is also deducted from the salary. I want to know Can I adjust business loss against my salary income and claim the refund, or Business Loss and salary cannot be clubbed.

Thanks
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
05 August 2010 NO BUSINESS LOSS CAN NOT BE ADJUSTED WITH SALARY INCOME.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
05 August 2010 FOR BETTER UNDERSTANDING YOU CAN VISIT THE FOLOWING ILNK
https://www.simpletaxindia.org/2009/02/set-off-of-loss-from-same-head-another.html
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