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Set off of brought forward loss
Brought forward House property loss can be set off against current year business income?
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Quick Summary
No
Brought forward HP losses can be sett of against HP income only
Brought forward HP losses can be sett of against HP income only
Current Year Loss can be set off against other income...
But Brought forward Loss from Previous Years can be set off only against Income from House Property.. It can be Carry Forwardef upto 8 Assessment Years..
But Brought forward Loss from Previous Years can be set off only against Income from House Property.. It can be Carry Forwardef upto 8 Assessment Years..
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