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Loss from business set off

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

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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.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
27 August 2014 yes allowed except for salary others are allowed.
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