SET OFF, OR CARRY FORWARD AND SET OFF OF LOSSES - Income Tax Bill, 2025

Chapter: VII
SET OFF, OR CARRY FORWARD AND SET OFF OF LOSSES
Clause 108	:	Set off of losses under the same head of income. Clause 108 of the Bill provides for set off of losses under the same head of income in the manner specified therein.....
Clause 109	:	Set off of losses under any other head of income. Clause 109 of the Bill provides for set off of losses under any other head of income in the manner provided therein.....
Clause 110	:	Carry forward and set off of loss from house property. Clause 110 of the Bill provides for carry forward and set off of loss against income from house property.....
Clause 111	:	Carry forward and set off of loss from Capital gains. Clause 111 of the Bill provides for carry forward and set off of loss from capital gains and seeks to provide for carry forwa....
Clause 112	:	Carry forward and set off of business loss. Clause 112 of the Bill provides for carry forward and set off of business loss. It further defines the expression unabsorbed ....
Clause 113	:	Set off and carry forward of losses from speculation business. Clause 113 of the Bill provides for set off and carry forward of losses from speculation business and provides for set off an....
Clause 114	:	Set off and carry forward of losses from specified business. Clause 114 of the Bill provides for set off and carry forward of losses from specified business. The said clause also defines....
Clause 115	:	Set off and carry forward of losses from specified activity. Clause 115 of the Bill seeks to provide for set off and carry forward of losses from specified activity.....
Clause 116	:	Treatment of accumulated losses and unabsorbed depreciation in amalgamation or demerger, etc. Clause 116 of the Bill seeks to provide for carry forward and set off of losses and unabsorbed depreciation in case of specif....
Clause 117	:	Treatment of accumulated losses and unabsorbed depreciation in scheme of amalgamation in certain cases. Clause 117 of the Bill provides that in a case of amalgamation the accumulated loss and depreciation of amalgamating entity s....
Clause 118	:	Carry forward and set off of losses and unabsorbed depreciation in business reorganisation of co-operative banks. Clause 118 of the Bill seeks to provide for carry forward and set off of losses and unabsorbed depreciation in business reorg....
Clause 119	:	Carry forward and set off of losses not permissible in certain cases. Clause 119 of the Bill provides for carry forward and set off of losses not permissible in certain cases and also provides th....
Clause 120	:	No set off of losses against undisclosed income consequent to search, requisition and survey. Clause 120 of the Bill seeks to provide that no set off of loss or unabsorbed depreciation shall be allowed against undisclos....
Clause 121	:	Submission of return for losses. Clause 121 of the Bill provides for submission of return for losses and also that no loss shall be carried forward and set of....

SET OFF, OR CARRY FORWARD AND SET OFF OF LOSSES - Income Tax Bill, 2025

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