Only following losses can be carry forward

  • Business loss
  • Speculation loss
  • House property loss
  • Loss from owning maintaining race horse
  • Capital loss [LTCL & STCL]
  • Loss from specified business [section 35 AD ]


Note :-

 Hence following losses cannot be carry forward

  • Loss from lottery
  • Loss under head salary

Loss from other sources   except above mentioned 

  1. Income Tax
  2. Set off and Carry Forward of Losses
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Davneet Singh
Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 7 years. He provides courses for Mathematics and Science from Class 6 to 12. You can learn personally from here