Sec 70: Inter Source Set-Off Of Losses

Ritik Chopra , Last updated: 08 April 2021  
  Share


When any loss relating to any particular previous year is set-off against the income of same previous year, it is called set-off of losses. In this article, we will discuss to set-off loss from one source against income from another source within the same head of income, i.e., inter source set of

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
Join CCI Pro

Published by

Ritik Chopra
(student)
Category Income Tax   Report

  20850 Views

Comments


Related Articles


Loading