I've opted for filing my returns u/s 115BAA. Can I set off my losses if it arises in the future?
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 29 January 2021
No under section 115BAA set off are not allowed
ayusmita
(Tax consultant)
(5890 Points)
Replied 29 January 2021
No you can't if you opted for u/s 115BAA
Raj Malhotra
(47 Points)
Replied 30 January 2021
In which section can we set off capital gain tax ? if I have loss( WIP basis ) a project in my proprietorships company ?
Recent Topics
- PRE FILLED ITR
- Taxability of gift to wife
- ITR AY 2025-26 AY
- Gold metal on lease to father properiotership fi
- Professional Tax for Branch Offices
- Advance Tax for Individual/Prorietor
- How to claim refund for a 26QB challan with status
- Gold metal depsoit of near one
- Which ITR form to fill for FY 24 - 25
- How to Convert into Percentage?
Related Threads
Trending Online Classes
-
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance
CA Vishal Zawar14 June 2025 -
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
