Understanding Set-off of Losses from House Property: If you incur a loss from house property (e.g., due to high interest payments on a home loan, or if a let-out property generates less rent than expenses), you can set off this loss against other heads of income (like salary or business income) in the same financial year, up to a maximum of ₹2 lakh. Any remaining loss can be carried f... https://nipunhub.com