Which of the following statements are true

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Which of the following statements are true?

A. The losses from any casual income cannot be set off against any losses

B. No expenses can be calmed against any casual Income

C. If in any year, the tax payer has incurred losses under one head of income and is having income under other head of income, then he can adjust the losses from one head against income from other head

D. All of the above

Answer: Option D


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