Complied AIComplied AIBack to law libraryReading nowIncome-tax Act, 202523 chapters · 536 sections
Chapters23
    • ¶Chapter 7 overview
    • 108Set off of losses under the same head of income
    • 109Set off of losses under any other head of income
    • 110Carry forward and set off of loss from house property
    • 111Carry forward and set off of loss from capital gains
    • 112Carry forward and set off of business loss
    • 113Set off and carry forward of losses from speculation business
    • 114Set off and carry forward of losses from specified business
    • 115Set off and carry forward of losses from specified activity
    • 116Treatment of accumulated losses and unabsorbed depreciation in amalgamation or demerger, etc
    • 117Treatment of accumulated losses and unabsorbed depreciation in scheme of amalgamation in certain cases
    • 118Carry forward and set off of losses and unabsorbed depreciation in business reorganisation of co-operative banks
    • 119Carry forward and set off of losses not permissible in certain cases
    • 120No set off of losses against undisclosed income consequent to search, requisition and survey
    • 121Submission of return for losses
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  3. Chapter 7

Chapter 7

Set Off, Or Carry Forward and Set Off of Losses

14 sections (108–121)

  • 108Set off of losses under the same head of income
  • 109Set off of losses under any other head of income
  • 110Carry forward and set off of loss from house property
  • 111Carry forward and set off of loss from capital gains
  • 112Carry forward and set off of business loss
  • 113Set off and carry forward of losses from speculation business
  • 114Set off and carry forward of losses from specified business
  • 115Set off and carry forward of losses from specified activity
  • 116Treatment of accumulated losses and unabsorbed depreciation in amalgamation or demerger, etc
  • 117Treatment of accumulated losses and unabsorbed depreciation in scheme of amalgamation in certain cases
  • 118Carry forward and set off of losses and unabsorbed depreciation in business reorganisation of co-operative banks
  • 119Carry forward and set off of losses not permissible in certain cases
  • 120No set off of losses against undisclosed income consequent to search, requisition and survey
  • 121Submission of return for losses
Chapter 6Aggregation of IncomeChapter 8Deductions to Be Made in Computing Total Income