English, asked by tanvisalvi1414, 2 months ago

loss arising under the head capital gain cannot be set off against​

Answers

Answered by honeysonera
1

Answer:

Losses under the head Capital Gain cannot be set off against any other head. But Losses under any other head can be set off with Income under the head Capital Gain. NO loss can be set off against casual incomes. Losses from the business of owning and maintaining race horses cannot be set off against any other head.

Answered by arunkumar151199
0

Answer:

Losses under the head Capital Gain cannot be set off against any other head. But Losses under any other head can be set off with Income under the head Capital Gain. NO loss can be set off against casual incomes. Losses from the business of owning and maintaining race horses cannot be set off against any other head

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