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Loss Carry Forward

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(Querist)
12 July 2010 Can loss from the head "Income from other Sources" be carried forward ?

Eg

Loan @10% taken as on 1 Jan 10 = 1,00,000/-
Investment @ 15% taken as on 1 Jan 10 = 1,00,000/-

Interest on Loan accrues last day of every month and on investment every year on 31 Jul.

Net Taxable Income

Int on Investment till 31/Mar/10.........0
Int on Loan till 31/Mar/10...............(2500)

Hence Loss under IFOS (2500)

Can this loss be carry forward to next year ?
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
12 July 2010 Your problem is not understandable. Please write your problem clearly

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