Disallowance of carry forward losses
This query is : Resolved
09 July 2013
for ay 09-10 assessee has claim deduction for its losse amt rs.7lac. After reopening AO has disallowed to carry forward whole 7lac. By passing order in Ay 13-14.
So, my question is that whether this will affect my books of a/c? Or it will only affect compution of assesee for ay 13- 14.
And if it affect books of a/c what to be done to reverse the losse claim as deduction and carry forward till ay 13- 14.
So, my question is that whether this will affect my books of a/c? Or it will only affect compution of assesee for ay 13- 14.
And if it affect books of a/c what to be done to reverse the losse claim as deduction and carry forward till ay 13- 14.
09 July 2013
It will not affect the books of account ,meaning thereby no entries has to be passed in the boks of accounts.
10 July 2013
thank u sir..
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
- Supply through E-commerce Operators
- Relief u/s Section 89
- Rent lease agreement
- Merchant Export Accounting
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- GST ON DAMAGED GOODS
- REGARDING SECTION 44AE
- Taxation on LTCG for property sold after 24JUL2024
- Sales return eway bill
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
