setoff problem

SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)

11 April 2010

Which losses can be setoff from income from salary.

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7 Replies

Amir (Learner) (4016 Points)
Replied 11 April 2010

Dear Pradeep,

Against salary u can setoff -

1) Loss u/h House Property

2) Loss u/h Other Sources

Aditya Maheshwari (CA in Practice) (35867 Points)
Replied 11 April 2010

Loss from house porperty, loss from other sources and depreciation loss also

Pradeep Sharma (student) (114 Points)
Replied 11 April 2010

agrred with both

CA Devender Chauhan (Group Financial Accountant) (1526 Points)
Replied 12 April 2010

Originally posted by : Aditya Maheshwari
	Loss from house porperty, loss from other sources and depreciation loss also

agree

SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
Replied 12 April 2010

thanks 2 all

1 Like

Aravind.. (CA) (1262 Points)
Replied 12 April 2010

no. depreciation cant be setoff against salaries

C.Balaji (Learner) (1867 Points)
Replied 12 April 2010

Agree with Amir brother........

Loss from House Property...

Loss from Other Sources...

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