TMI BlogWhat is the meaning of inter-head adjustment?X X X X Extracts X X X X X X X X Extracts X X X X ..... djust the loss from one head against income from other head, E.g., Loss under the head of house property to be adjusted against salary income. Restrictions to be kept in mind while making inter-head adjustment of loss Following restrictions should be kept in mind before making inter-head adjustment: Before making inter-head adjustment, the taxpayer has to first make intra-head ad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cold chain facility, setting up and operating warehousing facility for storage of agricultural produce, developing and building housing projects, etc.) Loss from business and profession cannot be set off against income chargeable to tax under the head Salaries . - Manuals - Ready reckoner - Law and practice - Reference Guide - Quick Commentary Tax Management India - taxmanagement ..... X X X X Extracts X X X X X X X X Extracts X X X X
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