loss of minor son Rs. 90000 computed in accordance with the provisions of income tax act 1961.. Mr. Venus transferred his own house to the minor son without adequate consideration few years back and minor son let it out and suffered loss
in the absence of any other information, can this loss be considered as current year loss and can this loss be set off from Mr Venus salary. does the word " COMPUTED" HAVE ANY SIGNIFICANCE
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clubbing urgent
Replies (2)
How the loss arrived at?
that is not given in the question......it has already been computed
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