set of loss

This query is : Resolved 

22 January 2011 sir, please guide us about setting the house property loss( int. sec. 24b) against short term capital gain(sec. 111A)equity shares on which STT is paid. we also have income under other source.
what is the sequence to sett off loss of house property?

22 January 2011 u can set off first against STCG then other sources or vice versa whichever is beneficial.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query