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Please help me

(Querist) 02 April 2015 This query is : Resolved 
I am Subhash chander , age 68yrs, properiter.

Q-1 A portion of my commercial office has been rented out. Please intimate its rent will go to my commercial income or in house property head .this property is purchased with the binding of seller that it can only be used for commercial purpose?

Q-2 We have various types of commercial business like Export, Trading and Shares etc. Please intimate loss in one business can be adjusted against profit of other business ?
Report Abuse
SAINATH DEVALLA (Expert) 02 April 2015
Kindly consult a Chartered Account
Devajyoti Barman (Expert) 02 April 2015
yes, consult a local tax professional.
ajay sethi (Expert) 03 April 2015
consult a CA
Rajendra K Goyal (Expert) 03 April 2015
Consult local tax consultant and show him all the documents.
Dr J C Vashista (Expert) 03 April 2015
I agree with experts, consult your CA/Tax consultant with relevant documents.
T. Kalaiselvan, Advocate (Expert) 08 April 2015
Yes, you can follow the steps suggested by experts in this regard.

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