Set off of losses

Tax queries 163 views 3 replies

Hi

We have a business loss in the FY 21-22 and capital gains (STCG) . When we try to compute the tax the loss gets set off against the capital gains. Is there a possibility that we don't set off this loss in the current year and carry forward the loss to next year and set off against business income, if any

 

Thanks

Indira

 

Replies (3)

No, not possible.......

Thank you so much for the response.

You are welcome ...           


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