Question ID :
as per IT rules, in the same assessment Business loss can be set off against any income except salary.
in AY2020-21 we filled IT return where business loss set off against other sources income.
lateron, intimation received they have disallowed this set off and raised demand.
please advice whats to do? no option availble on portal to make rectification application for the same.
Sep 11 2021 12:00AM