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set of loss

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(Querist)
22 January 2011 sir, please guide us about setting the house property loss( int. sec. 24b) against short term capital gain(sec. 111A)equity shares on which STT is paid. we also have income under other source.
what is the sequence to sett off loss of house property?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
22 January 2011 u can set off first against STCG then other sources or vice versa whichever is beneficial.

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