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Brought forward loss

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 September 2016 If Brought Forward loss and current year loss also then which can be first adjusted brought forward loss or current year loss,
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CA SAGAR M. AHUJA

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CA SAGAR M. AHUJA (Expert)
05 September 2016 Obviously, BF Losses because if it is not set off in next 8 A.Y than it is Lapsed..
Thanks.
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