Sett of carry forward of losses
This query is : Resolved
24 January 2019
case laws relavent for setoff of current year business loss against capital gains. Please its urgent.
24 January 2019
Seems no need of a case law since section 71(2) is very clear meaning thereby
business loss other than speculative business can be set off against any head
of income except income from salary.
business loss other than speculative business can be set off against any head
of income except income from salary.
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