Set off & carry forward
This query is : Resolved
08 February 2014
Whether carry forward business loss of an A.Y. can be settled in next assessment year only from business income or it can be set off from any other source income also.
AND loss of owing & maintaining horse race of DELHI can be set off from Horse race owing & maintaining income of BANGLORE in same A.Y.
AND loss of owing & maintaining horse race of DELHI can be set off from Horse race owing & maintaining income of BANGLORE in same A.Y.
08 February 2014
(1)Yes and
(2)Yes
(2)Yes
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