Business Loss Set-off
This query is : Resolved
21 June 2010
Hi Frndz ,
Can Loss from a non-speculative business be set-off against Profit from some other non - speculative business in the next assessment year.?
Can Loss from a non-speculative business be set-off against Profit from some other non - speculative business in the next assessment year.?
21 June 2010
Yes it can be set off till 8 assessment years.
21 June 2010
Yes Agree with Aditya......
21 June 2010
yes ofcourse
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Required to submit form 10IEA_fy 24-25
- Error whilst validation
- ITR2 Not Validating Short Term Capital Loss as value less than zero
- Rebate u/sec. 87A manually
- TDS deducted in different section but Deposited in a Single section via Single challan
- IGST Refund pending since June 2022.
- Form 15G eligibility for individuals
- SEA GOING ALLOWANCE
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- PAN for Municipal Corporation
- HSN details in Table 12 for gstr1
- Profit transfer entry from one branch to head office branch
- RCM on affiliation fees paid to foreign educational institution
- E proceeding query u/s 143(2) for a.y. 24.25
- REQUEST FOR HELP IN TALLY THE BALANCE SHEET
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
- Notice u/s 148 of IT Act
Trending Online Classes
CAclubindia
