Set off of Carry forward Non Speculation loss

113 views 1 replies
Can carry forwarded
Non speculation loss
Be set off against
Speculation profit?
Replies (1)

no. carried forward loss can only be adjusted against the income under the same head. So non-speculative carried forward loss can be adjusted against non-speculative income only.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register