Can current year loss underneath the lead house property be in synch against any other head of income. (I.T.Act)?



Answers:    Yes, it can be set off against income from other head.

There are two rules to inter-head adjustments:
1. Capital Gain/loss (STCG or LTCG) cannot be set sour against any other income.
2. Business Loss cannot be set off against pay.
Unfortunately I think no

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