TaxTMI 
TaxTMI 
other source loss set off agnist salary income
salary income
16 Aug 2015 
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Set-off of other source loss against salary income questioned; forum seeks clarification on tax treatment.
Whether a loss classified under Income from Other Sources can be set off against Salary Income is posed as a forum query seeking clarification on the tax treatment and permitted adjustments when a taxpayer has a loss from other sources alongside salaried income. (AI Summary)
Whether a loss classified under Income from Other Sources can be set off against Salary Income is posed as a forum query seeking clarification on the tax treatment and permitted adjustments when a taxpayer has a loss from other sources alongside salaried income. (AI Summary)