Losses from certain specified sources falling under the head Income from other sources
#companiesact2013 #losses #head #income #sources #notes (1) Where the net result of the computation made for any assessment year in respect of any source falling under the head "Income from other sources" and being a source specified in sub-section (2), is a loss, such loss shall not be set off 2[against income, if any, from any other source under that head or against income under any other head]. (2) The sources referred to in sub-section (1) are— (a) lotteries ; (b) crosswo