Set off of loss from one head against income from another head (Inter-Head Adjustment) - Section 71

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....revious year. Exceptions: - * Speculative business loss can be set off against only speculative income * Loss of 'Specified Business' under section 35AD can be set off against any other specified business income. * Loss under the head "Profits and gains of business or profession" cannot be set off against the head "income from Salaries" [Section 71(2A)] * Long term capital loss ca....