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Set off of losses
Loss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Also, carried forward business loss can be set off against business income that may be from the same business in which the loss was incurred or may be any
Loss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.asp
Loss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.aspLoss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.aspLoss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.aspLoss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.aspLoss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.aspLoss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.asp
Loss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.asp
Loss from current year business can be set off against any income from other Sources (even u/s 56(2)(vii)(b)) but carry forwarded business loss can be set off against business income only up to 8 A.Y.
Read more at: /forum/set-off-of-losses-372997.asp
Thank you sir
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