17 January 2024
MR A a non resident has a loss from house property around Rs 3.2 Lakh and has STCG of Rs. 3.90 Lakh and income from other source of Rs. 1.20 lakh. Can I set off loss from house property of Rs. 2 Lakh from capital gain only has there would be no tax liability for income from other source has it is below Rs. 2.5 lakh.