Loss from business set off

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shilpi garg (Querist)
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27 August 2014 loss from business are set off against other source income..? or which head of income..???

Rupesh Jain (Expert)
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27 August 2014 loss of business income set off against business income for future years for 8 next years. not other income head.

CS,CA F,Numrologi TusharSampat (Expert)
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27 August 2014 yes allowed except for salary others are allowed.

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