Question ID :
38035
240554
How to setoff of business loss in the below scenario for NRI. Loss from Business -235000, Short term capital gain 220000 and income from other sources 200000. With which income loss should be setoff first, STCG or Other sources. If setoff with other sources first, need to pay tax STCG as basic exemption limit is not available.
posted by
Sai Ram
on
Mar 14 2019 12:00AM