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Income Tax

This query is : Resolved 

21 June 2011 for how many years business loss & depreciation loss can be carried forward

21 June 2011 Business Loss - For 8 years
Unabsorbed Depreciation - For Unlimited Period

21 June 2011 Speculative business loss - 4 years
Non Speculative business loss - 8 years
Unabsorbed Depreciation - For Unlimited Period

Agree with Kumar Babu


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