There is a loss from other source income.
How can i set off that loss?
Please reply in detail.
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set off casual and other loss
Replies (1)
if the nature of loss is from horse race/speculation then its not available for set off
if the nature business loss then u can set off from business income or any other income, except salary.
you can not set off any loss from salary account.
alternate u can carry forward the business loss/ house property loss/ negetive capital gains upto 8 assessment years for set off.
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