Set off of losses from head Capital gains

can we set off losses from other heads under the head capital gains
Replies (3)
Quick Summary
This discussion clarifies the rules around setting off losses against capital gains. Generally, you cannot offset losses from other income heads (like business income or property) against your capital gains. However, losses within the capital gains head itself can be offset against other capital gains. The advice provided is specific to UK tax regulations.

No .You can't setoff losses of other heads from capital gains

Hi

 

1. If you have capital gains, you can set off against business loss, House property loss. 

2. Loss under capital gains cannot be set off against income from other heads.

 

Thanks

Yes you can set off the loss form business income or house property with gain from capital gain.

You cannot amke inter head set off of Capital gain loss if any  

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