Insertion of new section 71B

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Full Text of the Document

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....here for any assessment year the net result of computation under the head "Income from house property" is a loss to the assessee and such loss cannot be or is not wholly set-off against income from any other head of income in accordance with the provisions of section 71 so much of the loss as has not been so set-off or where he has no income from any other head of income in accordance with the pro....