Settoff and carry forward
This query is : Resolved
Kamlesh Gyanchandani
(Querist)
01 August 2013
if a assessee is having c/f bussiness loss is it compulsary to sett off in next assesment yr if the income falls below tax or can be postponed to further...assessment year,,??
Rupesh Jain
(Expert)
01 August 2013
no it is not any option to post pone the set off of loss in any year
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