Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Law and Procedure an e-book

Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs on Salary Income This

Income Tax - Frequently Asked Questions (FAQs)

FAQs on Salary Income

My income from let out house property is negative. Can I ask my employer to consider this loss against my salary income while computing the TDS on my salary?

  • Contents

Ans. Yes but only to the extent of Rs. 2 lakh, however, losses other than losses under the head ‘Income from house property’ cannot be set-off while determining the TDS from salary.

 

Quick Updates:Latest Updates