Easy Office
LCI Learning

Accounting

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 January 2021 Dear sir/madam
How to pass entry for a loss in previous year to current f. y. year in a partnership firm
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
07 January 2021 Loss to be transfered partners capital A/s or Current a/ c as per deed
Profile Image

sagar

Profile Image

sagar (Querist)
08 January 2021 Dear sir
How to settle previous year loss in current financial year as i want to take benifit from income tax
And what are the entry



Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
02 October 2021 The net loss of the firm gets carried forward upto next 8 years, so whenever there is profit you can claim the loss to be adjusted. You need to file ITR before due date.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links