carry forward of losses
This query is : Resolved
07 August 2008
is it charitable trust eligible for carry forward of losses. if yes how many years
07 August 2008
depends upon loss if it is speculation then it is for four years long term capital loss then it is eight years
07 August 2008
Business loss Other than Speculation loss for 8 years (Sec 72)
Speculation Loss for 4years(Sec 73)
LTC Loss or STC Loss for 8 years (Sec 74)
depreciation Loss-Unlimited time
Speculation Loss for 4years(Sec 73)
LTC Loss or STC Loss for 8 years (Sec 74)
depreciation Loss-Unlimited time
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