Set off of c/f loss
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 December 2011
dear experts,
is it possible to set off c/f loss from business 1 which is closed down with profit from business 2??
is it possible to set off c/f loss from business 1 which is closed down with profit from business 2??
03 December 2011
In case Business 1 and Business 2 both are non-speculative businesses, set off can be done.
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