Set on & carry forward (sec :72)

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01 September 2009 can carry forward business loss be set off from profit from Sepclative business

seema chouhan (Expert)
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02 September 2009 no speculation profit or loss cannot be adjusted against business profit or loss.

CA Devanshi Gandhi (Ajani) (Expert)
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02 September 2009 yes, carried forward business loss can be set of against speculative business income.

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