Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning Property Tax
Which one of the following statements is true for the set off and carry forward of loss under the head 'house property' in India?
1
Can be carried forward for 8 years
2
Can not be carried forward
3
Can be carried forward for 4 years
4
Can be carried forward infinitely