Please Help: loss setoff
Posted Date : 24-Aug-2013 , 02:07:37 pm | Posted By manoj kapadiya
can loass of business setoff againest short term capital gain in same year?
Category : Income Tax | Answers : 3 | Comments : 1 | Hits : 88
Answers
Answer By: Vikky Kumar Jha
Yes, Business Loss can be set off against STCG.
Answer By: SUBHASH KUMAR JHA
yes according to inter head adjustment loss from business prtofessioon can be adjusted from short term capital gain in the same year
Answer By: PRIYANKA
Yes, this set off is possible.
Comments
ROHIT GOEL
26-Aug-2013 , 10:50:58 amYES BUSINESS LOSS CAN BE SETUP AGAINST THE STCG OF THE SAME YEAR