Income tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 January 2013 Can a resident indian having business abroad but controlled in India book/ setoff the loss generated by that business.
explain me the treatment of loss

06 January 2013 The business loss incurred in a foreign country can be set off against the income earned in India by a resident.
.

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 January 2013 Thank You Sir


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