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Set off of losses under the same head of income.
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....F, OR CARRY FORWARD AND SET OFF OF LOSSES Set off of losses under the same head of income. 108. (1) Unless provided otherwise in this Act, for any tax year, if net result of computation from any....
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....ar in respect of any other capital asset being,-- (a) a long-term capital asset, shall be set off only against gains, if any, from transfer of another long-term capital asset; and (b....
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