Carry Forward of Losses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 August 2010
Can amortisation of intangible asset be carry forward indefinitely like unabsorbed depreciation in case of loss?
Aditya Maheshwari
(Expert)
03 August 2010
in IT there is only deprecaition no amortisation. So infinite carry forward.
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