Set off and Carry forward of Losses

Chapters / List

1. Set off of loss under the same head of income - Section 70

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

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3. Carry forward and set off of loss from House Property - Section 71B

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4. Carry forward and set off of business loss - Section 72

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5. Provisions relating to carry forward & set off of accumulated losses and unabsorbed deprecaition in case of Amalgamation, Demerger etc. - Section 72A

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6. Exceptions to the rule that losses can be carried forward for eight assessment years

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7. Losses in Speculation Business - Section 73

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8. Carry forward and set off of losses by specified business referred in Section 35AD - Section 73A

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9. Loss under the head Capital Gains - Section 74

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10. Loss from the activity of owning and maintaining race-horses. - Section 74A

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11. Carry forward and set off of losses in case of change in constitution of firm or on succession - Section 78

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12. Carry forward and set off of losses in the case of certain companies - Section 79

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13. No set off of losses consequent to search, requisition and survey - Section 79 [w.e.f. 01.04.2022]

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14. Summary of Rules for set off and carry forward

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