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Budget 23 suggestion : Set of Limit of House property loss should be withdrawn

 Section 71(3A) of the Income Tax Act deals with the set-off of losses arising under the head "Income from House Property" against any other head of income. As per the current provisions, this set-off is restricted to a maximum of Rs 2,00,000 and any unabsorbed loss can be carried forward for up to 8 assessment years.This provision has come under scrutiny as it may have a negative impact on



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Budget 23 suggestion : Set of Limit of House property loss should be withdrawn

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