I have loss from hiuse property, other than than my source of income is salary and i have Short term Capital Gain as well. While filing return for AY 17-18, my loss from house property is getting set off by my STCG first.
Whether there is any series for set off..!? That first it should be set off against this.?!? Why its not getting set off against salary income..?!
Loss from house property can be set off against any other source of income....... and there is no specific sequence defined......
Quite interesting to note that the software adjusting it first with particular income head
For details refer: Tutorials/21-MCQset off and carry forward
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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