Summary of Rules for set off and carry forward

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..... s loss can be carried forward Should the business be continued Is it necessary to submit return of loss in time 1. House Property Loss Income under the head Income from House Property 8 years Not Applicable No 2. Speculation Loss .....

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..... from speculation or otherwise) 8 years Not necessary Yes 4. Capital Loss 4.1 Short term Capital Loss Any income under the head Capital Gains 8 years Not necessary Yes 4.2 Long ter .....

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