Chartered Accountant
173 Points
Posted on 01 October 2016
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