Brought forward loss from house property of ₹ 3,25,000 of A.Y. 2023-24 is allowed to be set off against income from house property of A.Y. 2024-25 of ₹ 5,00,000 to the extent of :

CS Executive · Tax Laws · PYQS · June 2024
Brought forward loss from house property of ₹ 3,25,000 of A.Y. 2023-24 is allowed to be set off against income from house property of A.Y. 2024-25 of ₹ 5,00,000 to the extent of :
(A) ₹ 2,00,000
(B) ₹ 3,25,000
(C) ₹ 2,50,000
(D) ₹ 1,00,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic