Start learning →

Loss of one business set off against another business is under:

ASection 70
BSection 72
CSection 74
DSection 80C
Answer & Solution
Correct answer: A. Section 70
Section 70 permits set-off of a loss from one source against income from another source under the same head.
Practise this question with Quill — CA Inter →

Keep practising Aggregation of Income, Set Off of Losses and Deductions

Browse all Aggregation of Income, Set Off of Losses and Deductions questions for CA Inter, or explore more Taxation topics.

Start a Aggregation of Income, Set Off of Losses and Deductions lesson →
Related questions