Set off of losses from head Capital gains

27 March 2022

can we set off losses from other heads under the head capital gains

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3 Replies

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 27 March 2022

No .You can't setoff losses of other heads from capital gains

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Indira (CA ) (1381 Points)
Replied 28 March 2022

1. If you have capital gains, you can set off against business loss, House property loss.

2. Loss under capital gains cannot be set off against income from other heads.

Thanks

CA Puja Sharma (Chartered Accountant) (5010 Points)
Replied 28 March 2022

Yes you can set off the loss form business income or house property with gain from capital gain.

You cannot amke inter head set off of Capital gain loss if any

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