If the person who has exercised the option to pay tax as per rates given u/s 115BAC has loss from house property, he will:
A. be able to set off the loss from any head
B. not be able to set off the loss from other heads.
C. not be able to set off the loss.
D. None of the above
Answer:B
If the person who has exercised the option to pay tax as per rates given u/s 115BAC has loss from house property, he will:
A. be able to set off the loss from any head B. not be able to set off the loss from other heads. C. not be able to set off the loss. D. None of the above