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  3. 51. mr. rohan incurred loss of * 3 lakh in the p.y

51. Mr. Rohan incurred loss of * 3 lakh in the P.Y. 2020-21 in retail...

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Accounting

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51. Mr. Rohan incurred loss of * 3 lakh in the P.Y. 2020-21 in retail trade business. Against which of the following income during the same year, can he set-off such loss? (a) (b) (c) (d) profit of * 1 lakh from wholesale cloth business long-term capital gains of * 1.50 lakhs on sale of land speculative business income of 40,000 All of the above

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