📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Which of the following statements is

      correct?
      A Loss under the head ‘Income from house property’ can be carried forward and can be set off against income under any head only up to 8 assessment years. Correct Answer Incorrect Answer
      B Loss under the head ‘Income from house property’ can be carried forward and can be set off against income under the same head only up to 8 assessment years. Correct Answer Incorrect Answer
      C Loss under the head ‘Income from house property’ can be carried forward and can be set off against income under the same head only up to 6 assessment years. Correct Answer Incorrect Answer
      D Loss under the head ‘Income from house property’ can be carried forward and can be set off against income under the same head only up to 4 assessment years. Correct Answer Incorrect Answer

      Solution

      The correct answer is B

      Practice Next
      More Accounts Questions
      ask-question