TMI BlogBusiness Losses Offset: Prioritize House Property Income, Then Long-Term Capital Gains, Finally Other Sources Income.Mode and manner of set off of loss - loss from one head set off against other head of income - business loss should be first set off against income from house property and then followed by income from long term capital gain and further still unabsorbed loss remains, it should be set off against income from other sources. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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