TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>House property loss offset rules: set off against other income, carry forward for 8 years, special rules under 115BAC/115BAD.</h1> Losses incurred under the head 'house property' can be set off against any other income in the current year. Remaining losses can be carried forward for up to eight assessment years but can only be set off against future income from house property. These losses can be carried forward even if the return of income (ROI) is filed late. However, if an individual, Hindu Undivided Family (HUF), or co-operative society opts for taxation under sections 115BAC or 115BAD, losses from house property cannot be set off against any other income.
TaxTMI 
TaxTMI 
