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Q. > Please Help: loss setoff
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106 views • Question added Aug 24, 2013 • Income Tax • By manoj kapadiya , mumbai


can loass of business setoff againest short term capital gain in same year?

3 Answers

answered Aug 24, 2013 by Vikky Kumar Jha , Darbhanga

Yes, Business Loss can be set off against STCG.


answered Aug 24, 2013 by SUBHASH KUMAR JHA , Darbhanga

yes according to inter head adjustment loss from business prtofessioon can be adjusted from short term capital gain in the same year


answered Aug 27, 2013 by PRIYANKA , GREATER NOIDA

Yes, this set off is possible.


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ROHIT GOEL

26-Aug-2013 , 10:50:58 am

YES BUSINESS LOSS CAN BE SETUP AGAINST THE STCG OF THE SAME YEAR

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