Negative Income
This query is : Resolved
10 September 2009
Can 'Income from other source' be negative????
10 September 2009
yes it can be negative.But it is not allowed to set off against other heads of income in the ITR.
10 September 2009
Yes it can be negative and it is available for set-off with positive income under any other heads.
10 September 2009
Income from other sorce can be negative, and can be set off against other SOURCE of income in same year.
10 September 2009
Income from other sources can be negative.
10 September 2009
Yes it can be negative.
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