Set off

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 March 2015 can business loss be set off with short term capital gain?
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
20 March 2015 Yes it can be set off within the in the same. Business los carried forward to subsequent year can eb set off only under the same head.

For details see link given below:

http://incometaxmanagement.com/Pages/Gross-Total-Income/Set-Off-Carry-Forward-Losses/Set-Off-and-Carry-Forward-of-Losses.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

budget 26-27


Answer Query



Quick Links



Browse by Category