CMA Inter Direct Tax Practice Batch | L9 Set Off & Carry Forward of Losses | Dec 2026

Master Set Off and Carry Forward of Losses under Income Tax for the CMA Intermediate December 2026 Examination with CA Pranav Chandak. In this session, we cover the complete Set Off & Carry Forward of Losses chapter for CMA Inter Direct Tax (DT) with a strong focus on concept clarity, practical questions, PYQs, MTPs, Workbook Questions and exam-oriented preparation. Understanding the rules of Intra-Head Adjustment, Inter-Head Adjustment and Carry Forward of Losses is essential for correctly computing the Gross Total Income (GTI) of an assessee. This session will help you understand which losses can be adjusted, against which incomes, and for how many years different losses can be carried forward. 📚 Topics Covered: ✅ Meaning of Set Off & Carry Forward of Losses ✅ Intra-Head Adjustment of Losses ✅ Inter-Head Adjustment of Losses ✅ Set Off of House Property Loss ✅ Set Off of Business Loss ✅ Speculation Business Loss ✅ Short-Term Capital Loss (STCL) ✅ Long-Term Capital Loss (LTCL) ✅ Capital Loss Set Off Rules ✅ Loss from Other Sources ✅ Loss from Owning & Maintaining Race Horses ✅ Unabsorbed Depreciation ✅ Carry Forward of House Property Loss ✅ Carry Forward of Business Loss ✅ Carry Forward of Speculation Loss ✅ Carry Forward of Capital Losses ✅ Carry Forward of Unabsorbed Depreciation ✅ Time Limit for Carry Forward of Different Losses ✅ Return Filing Conditions for Carry Forward of Losses ✅ Order of Set Off of Losses ✅ Important Exceptions & Restrictions ✅ Computation of Gross Total Income after Set Off ✅ Important Practical & Exam-Oriented Questions ✅ PYQs • MTPs • Workbook Questions • MCQs 📖 DT Master Book: 📘 DT Rankers Question Bank: This session is part of the CMA Inter DT Practice Batch on the Pranav Chandak Academy YouTube Channel. Subscribe to Pranav Chandak Academy for complete CMA Inter Direct Tax / Income Tax preparation, revision sessions, practice questions and exam-oriented practice. #CMAInter #DirectTax #IncomeTax #CMAInterDT #CMAInterDirectTax #CMAInterDec2026 #DTPracticeBatch #IncomeTaxCMAInter #CAPranavChandak #PranavChandakAcademy 𝔽𝕚𝕝𝕝 𝔾𝕠𝕠𝕘𝕝𝕖 𝕗𝕠𝕣𝕞 𝕥𝕠 𝕘𝕖𝕥 𝔽𝕣𝕖𝕖 ℕ𝕠𝕥𝕖𝕤: 𝕁𝕠𝕚𝕟 𝔽𝕣𝕖𝕖 𝕎𝕙𝕒𝕥𝕤𝕒𝕡𝕡 𝔾𝕣𝕠𝕦𝕡 ℂ𝕠𝕟𝕟𝕖𝕔𝕥 𝕨𝕚𝕥𝕙 ℙℂ𝔸 📱 Office Numbers: 💻 Email ID: pcapune1@ 🌍 Website: 📲 Download PCA App: 𝔸𝕝𝕝 ℙℂ𝔸 ℙ𝕝𝕒𝕥𝕗𝕠𝕣𝕞𝕤 📢 Telegram Channel: 📸 Instagram: 🐦 X: 🌍 Website: 💙 PCA Fam Club: 📲 Download PCA App: ℍ𝕖𝕒𝕕 𝕆𝕗𝕗𝕚𝕔𝕖 𝔸𝕕𝕕𝕣𝕖𝕤𝕤 Office No. 23, 1st Floor, Mantra Essence Commercial Complex, Jagdamba Bhawan Marg, Pisoli, Undri, Pune, Maharashtra - 411060