I've opted for filing my returns u/s 115BAA. Can I set off my losses if it arises in the future?
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 29 January 2021
No under section 115BAA set off are not allowed
ayusmita
(Tax consultant)
(5885 Points)
Replied 29 January 2021
No you can't if you opted for u/s 115BAA
Raj Malhotra
(47 Points)
Replied 30 January 2021
In which section can we set off capital gain tax ? if I have loss( WIP basis ) a project in my proprietorships company ?
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