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Set off provisions

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Querist : Anonymous (Querist)
03 December 2011 can business loss be set off against income from other source (commission)??
plz advice
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CA VISHAL RANA,CS,B.Com,AMFI

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CA VISHAL RANA,CS,B.Com,AMFI (Expert)
03 December 2011 yes definitely business loss can be set off against other sources commission income....business loss can be set off against any head except salary head.

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