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Set off

CMA (Inter / Final) 1346 views 23 replies

Thanks Sanjeev ............................

Quite Elementary to understand that the issue of "Set off" arises only in case of loss. And of course The word Income Under a particular head includes Loss too.

Yes It can b set off.....

The question is wrongly framed ....this is a fact...

and i m also very much aware that income includes loss..... i am just saying tht sanjay comment was also not wrong.

CA Sanjeev - nice way to treat person

I didnt point out that he was wrong.

Well , anyways i hope the doubt has been clarified.

And i guess it is better to try to understand the issue before backing up someone.

I am not getting any reward in backing anyone here... i am just puting my point here...and i knew tht my sense of thinking is right that is the reason i was suppoting his comment... no hard feelings

 

Even i was posting my views. No hard feelings either.

Yes....
Loss of House Property can be set off against Income from Salary.


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