Whether Loss from House Property can be Set off against Income from Trading Business?
Regards,
Devendra Kulkarni
*RENU SINGH *
(✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ )
(21627 Points)
Replied 07 December 2014
house property loss can be set off under any heads of income ... therefore it can also be set off via speculaltive income in the same financial year.
however carry forward losses would only be set off against house property
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