Easy Office
LCI Learning

Business Loss in adjustable against Salary Income or not

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 August 2010 Sir Pls guide can we adjust loss in Business (non-speculative) against the Salary Income in case of an individual.
Profile Image

CA. Pradeep Nayak

Profile Image

CA. Pradeep Nayak (Expert)
01 August 2010 Set off of business loss (speculative or non speculative) against salary income is not permitted.
Profile Image

CA Ravi Sisodia

Profile Image

CA Ravi Sisodia (Expert)
01 August 2010 set off loss in Business against salary income is not allowed/permitted.



Profile Image

CA Ujjaval Desai

Profile Image

CA Ujjaval Desai (Expert)
01 August 2010 No Business Loss or Speculation Loss is allowed to be set off against Salary Income.
Profile Image

MK GUPTA (Chartered Accountant

Profile Image

MK GUPTA (Chartered Accountant (Expert)
01 August 2010 agreed with the experts

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



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links