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Agriculture loss

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Querist : Anonymous (Querist)
12 July 2014 Agriculture losses can be adjust in Total income from individual tax calculation???
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
12 July 2014 if the such agriculture loss arises from a land covered under proviso (ii) to section 2 of the Income-Tax Act 1961, then the loss cannot be set off.

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