Taxation

short term capital gain             80,000

salary                                       12000

total                                          92000

(-) house property loss fy 12-13 (30000)

total taxable is                          62000

can you please see the chart

/forum/set-off-can-carry-forward-simplified-267811.asp#.UwYGpfmSx1Y
 

how answer will be 170000 ? The total of positive figure does not exceed Rs 170000.. I think there is typing istake by you or may be answer provided by you is different answer or something is left...

Answer provided by Devarapu is correct..

LTC Loss can be set off only against long term capital gain..

House property loss of last year will carried forward and will be set off against Income from house property...

Last years house property loss and long term capital loss shall be carried forward

Yes, your answer is correct. It is Rs. 170,000/- You did not add zero in your salary income. It is 120,000 and not 12,000.

thanks all....i think mihir is right...