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Set Off of Losses

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 June 2011 Dear Experts,
Which Losses cannot be Set off against The following:
1. Short Term Capital Gain
2. House Property Income
Thanks
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Ravikant

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Ravikant (Expert)
07 June 2011 Loss from speculation business and long term capital loss cannot be set-off against both the above two

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