cn prior period exp be set off agnst prior period income
This query is : Resolved
16 January 2010
for the AY - 2008-09
The prior period expenses - Rs. 70,000/-
and The Prior period income - Rs. 2,00,000/-
can I set off the prior period expenses of Rs.70,000/- aganist prior period income of rs.2,00,000/- while computing total taxable income for the AY - 2008-09.
The prior period expenses - Rs. 70,000/-
and The Prior period income - Rs. 2,00,000/-
can I set off the prior period expenses of Rs.70,000/- aganist prior period income of rs.2,00,000/- while computing total taxable income for the AY - 2008-09.
16 January 2010
No set off permissible
should be shown separately
should be shown separately
02 July 2023
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