set off
This query is : Resolved
06 May 2009
1.Is House property Loss possible to setoff against any other head Income during the previos year and c/f and setoff against other Income during subsequent previous years ?
2Is Electric contractor under the Busisess head?
2Is Electric contractor under the Busisess head?
06 May 2009
Loss from house property can be set off for the same year under following head:
- Salary
- Business or Profession
- Capital Gain
- Income from other sources except income from winning
and Carry Forward Loss can be set off against the House Property head.
Note: Section 80 is not applicable
- Salary
- Business or Profession
- Capital Gain
- Income from other sources except income from winning
and Carry Forward Loss can be set off against the House Property head.
Note: Section 80 is not applicable
06 May 2009
2 Yed Electric contractor is under business head
07 May 2009
Agreed
07 May 2009
agree with expert
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Reporting Income under Section 44ADA
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
