Deduction under section 36(i)(viia)
This query is : Resolved
28 September 2008
Dear friends
A cooperative bank incurred gross business loss during the year.
Provision for bad and doubtful debts claimed under section 36(i)(viia)
Whether the bank can carry forward business loss including deduction under section 36(i)(viia)?
Thanking You in advance
Prasanth
A cooperative bank incurred gross business loss during the year.
Provision for bad and doubtful debts claimed under section 36(i)(viia)
Whether the bank can carry forward business loss including deduction under section 36(i)(viia)?
Thanking You in advance
Prasanth
30 September 2008
It can.
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