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Set Off Question
What is 71(3A) speaking??
Replies (4)
With effect from the assessment year 2018-19, loss under the head “house property” shall be allowed to be set-off against any other head of income only to the extent of Rs. 2,00,000 for an year.
loss of house property include both self occupied and rental??
Yes, all aggregate net income(or loss) under the head.
Okay thank you Sir
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