Loss from business set off


This query is : Resolved 

(Querist)
27 August 2014 loss from business are set off against other source income..? or which head of income..???

Rupesh Jain (Expert)
27 August 2014 loss of business income set off against business income for future years for 8 next years. not other income head.

27 August 2014 yes allowed except for salary others are allowed.


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