loss from other sources can be setoff from any head of income if it can be setff than against which head in current year
Poonam Agrawal (tax consultant) (154 Points)
03 August 2010loss from other sources can be setoff from any head of income if it can be setff than against which head in current year
Rishab
(A.C.A.)
(155 Points)
Replied 03 August 2010
I wish to tell
Loss from OS can be set-off from all heads of Current year's Income
Carry forward of Loss under O.S is not allowed.
Can you tell me from where did you incurred Loss from O.S?
Originally posted by : Rishab | ||
I wish to tell Loss from OS can be set-off from all heads of Current year's Income Carry forward of Loss under O.S is not allowed. Can you tell me from where did you incurred Loss from O.S? |