UGC NET Set-off and carry forward Previous Year Questions
JRFSmart holds 6 previous-year questions on Set-off and carry forward from UGC NET Commerce (Paper 2), filed under Unit 10: Income-tax and Corporate Tax Planning, drawn from 4 of the 22 exam papers in the bank (2020–2026). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Set-off and carry forward
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Loss of a discontinued business | 1 |
| Losses eligible for carry forward | 1 |
| Carry forward of house property loss | 1 |
| Time limits for carrying forward losses | 1 |
| Order of set-off and carry forward | 1 |
| Business loss against house property income | 1 |
NTA repeat analysis
Set-off and carry forward appears in 4 of 22 papers (18%), which JRFSmart rates as medium frequency.
Sample previous-year questions
Match the LIST-I (Maximum time period for carry forward of losses) with LIST-II (Type of Losses) LIST I | LIST II A. Brought forward loss of a firm succeeded by another firm | I. unlimited B. Long-term Capital Loss | II. 4 years C. Speculation Loss | III…
Write the correct order of set off and carry forward for various items as given below: A. Unabsorbed depreciation B. Current year capital expenditure on scientific research (to the extent allowed) C. Current year depreciation D. Brought forward business loss…
During the previous year, an assessee has incurred a loss from his business amounting to Rs. 1,20,000 whereas his income from house property is Rs. 1,10,000. The assessee in this case can carry forward:
Business has been discontinued in the previous year 2021-22. The business loss:
Which of the following losses are allowed to be carried forward and set off in the subsequent assessment years? A. House property loss B. Business loss C. Speculation loss D. Capital loss E. Loss on account of owning and maintaining race horses Choose the…
Which one of the following statements is true for the set-off and carry forward of loss under the head 'house property' in India?
Showing 8 of 6 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
Practise Set-off and carry forward
All 6 questions, one topic, with explanations and repeat data. One topic in every unit is free.
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