Regarding section 72
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 November 2014
IS IT POSSIBLE FOR CONCERN TO HAVE ONLY BUSINESS LOSS & NOT HAVING DEPRECIATION LOSS?
IF IT POSSIBLE, CAN ANY GIVE EXAMPLE FOR THE SAME?
IF IT POSSIBLE, CAN ANY GIVE EXAMPLE FOR THE SAME?
Amol S Joglekar
(Expert)
22 November 2014
Yes, that is possible, especially the one which are NOT having depreciable asset
Rupesh Jain
(Expert)
22 November 2014
YES IT POSSIBLE WHEN YOU HAVE NO DEPRECIATBLE ASSETS.
01 December 2014
the ans is yes...............
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