SALARY SETOFF

Can interest paid on unsecured loans can be setoff from salaried income

Replies (5)

 no

no  it cannot be setoff    from  salried income

i think u can deduct only loss from house property and depreciaiton loss from salaries and no other loss.

Hey mukesh please read the set off & carry forward procedures.

 

You can adjust only HP Loss and none other than this 

hey mukhesh........

LOSS UNDER PGBP CANNOT BE SET OFF WITH PROFITS FROM SALARIES......

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