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Basic query in taxation

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(Querist)
28 September 2013 Whether current year Loss from House property can be set off against Income from other sources?

I will be very much thankful to you.
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
28 September 2013 It can be set off against any income under any head of Income..

But In subsequent Assessment Year it can be set off against only Income from House Property...

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