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Regarding section 72

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Querist : Anonymous

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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?
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Amol S Joglekar

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Amol S Joglekar (Expert)
22 November 2014 Yes, that is possible, especially the one which are NOT having depreciable asset
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Rupesh Jain

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Rupesh Jain (Expert)
22 November 2014 YES IT POSSIBLE WHEN YOU HAVE NO DEPRECIATBLE ASSETS.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
01 December 2014 the ans is yes...............
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