Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
RE:INCOME TAX EXCEMPTION
by Amit Arora on Apr 20, 2007 04:02 PM

If this is the short term loss then only you can setoff this loss against your Short Term profit for the next 6 or 8 years (not sure about the no. of the years. But this cant be set off agianst your normal income (salary, business income etc.)

    Forward  |  Report abuse
The above message is part of the Discussion Board:
All these incomes are tax-free