Income-Tax Loss Set-Off and Carry-Forward Checker

Check one loss category at a time

Tax period

Tax regime for individual/HUF house-property test

Loss category

Loss amount (₹)

Eligible same-head/same-category income available (₹)

Short-term capital gains available (₹)

Long-term capital gains available (₹)

Other eligible non-salary income available (₹)For business loss/depreciation, exclude salary and special incomes that prohibit set-off.

Salary income available (₹)

Return/loss return filed by statutory due date?

Number of carry-forward years already used

Loss treatment

This is a category-level screening, not a replacement for Schedule CYLA, BFLA or CFL.

Current-year set-off indicated

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Balance potentially carried forward

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Measure	Result
Carry-forward period	—
Timely-return condition	—
Income against which future set-off is allowed	—
Salary set-off	Not allowed for business loss or unabsorbed depreciation

Core matrix

House-property loss: inter-head set-off up to ₹2 lakh in old regime; balance for eight years against house-property income. Timely filing is not required for carry-forward.
Normal business loss: eight years, future business income only; timely loss return required.
Speculation and race-horse losses: four years, same activity/category only; timely filing required.
STCL: against STCG or LTCG; LTCL: only LTCG; eight years and timely filing.
Specified-business loss: specified-business income only, without a fixed year limit, subject to timely filing.
Unabsorbed depreciation: broad non-salary set-off and generally no fixed carry-forward period.
VDA transfer loss: no set-off or carry-forward.

The sequence of adjustment, exempt/special-rate income, change in shareholding, amalgamation, succession and undisclosed-income restrictions require a full return-level computation.

Official source: Income Tax Department portal — verify the exact current provision, form and effective date on the official portal before relying on this estimate.