Set off of losses

Indira (CA ) (1381 Points)

26 July 2022  

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