Loss Set-Off & Carry Forward Calculator
Calculate how capital losses, business losses, and house property losses can be set off against income in India. Shows allowable set-off for the current year and carry-forward balance.
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How to use this calculator
- 1
STCL (short-term capital loss) can be set off against both STCG and LTCG in the same year.
- 2
LTCL (long-term capital loss) can ONLY be set off against LTCG — not against STCG or other income.
- 3
House property loss can be set off against salary/other income up to ₹2 lakh per year. Remaining carries forward 8 years.
- 4
Non-speculative business loss can offset any income except salary. Speculative loss can only offset speculative income.
Frequently asked questions
Can I set off capital loss against salary income?
No. Capital losses (both STCL and LTCL) CANNOT be set off against salary income. They can only be set off against capital gains: STCL can offset both STCG and LTCG; LTCL can only offset LTCG. If not fully absorbed in the current year, capital losses carry forward for 8 years (but only against capital gains, not salary).
How much house property loss can I set off against salary?
You can set off house property loss against salary income (or any other head of income) up to a maximum of ₹2 lakh per year. This limit applies under both old and new regimes for let-out properties. Any excess loss above ₹2L carries forward for 8 years and can be set off against house property income in future years.
Loss Set-Off & Carry Forward Calculator India — Capital Loss, HP Loss, Business Loss
Summary of set-off rules in India
STCL: Can offset STCG + LTCG. Carry forward 8 years (only vs capital gains). LTCL: Can only offset LTCG. Carry forward 8 years. House property loss: Set off against any income (max ₹2L/year). Carry forward 8 years vs HP income. Business loss (non-speculative): Offset any income except salary. Carry forward 8 years. Speculative loss: Only vs speculative gains. Carry forward 4 years. Remember: Must file ITR on time to carry forward losses.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →