loss from other source

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 September 2010 loss from OS can be set off from any head in same year only.

its will not carried forward.

i m rite?

CA Punit (Expert)
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28 September 2010 right..
loss under the head other sources except that from owning & maintaining horse races cannot be carried forward

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