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(Querist)
10 October 2017 Can a normal business loss be set off against income from bank interest ??
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
10 October 2017 Yes.... Income from business set off from Income from Other Sources.
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
10 October 2017 Yes, it can be set off against interest income
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