Dear All,
Which Losses cannot be Set off against The following:
1. Short Term Capital Gain
2. House Property Income
Thanks
3 Replies
M. N. JHA
(CA)
(8316 Points)
Replied 07 June 2011
LTCL and sepceculation loss cannot be set off against both. . . . . .
M. N. JHA
(CA)
(8316 Points)
Replied 07 June 2011
Other sources loss like race horses,card game,betting,maintiain of race hources also cannot be setoff. . . .
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 07 June 2011
| Originally posted by : Mr. JHA | ||
 |
LTCL and sepceculation loss cannot be set off against both. . . . . . |  |
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