Urgent ..Urgent
This query is : Resolved
29 September 2009
Dear sir,
1. Can we adjust business loss aginst income from House property ?
2.IF yes, can we adjust the brought forward loss also..?
3. IF yes, Can we adjust the brought forward loss of discontinued business income from House property business.
1. Can we adjust business loss aginst income from House property ?
2.IF yes, can we adjust the brought forward loss also..?
3. IF yes, Can we adjust the brought forward loss of discontinued business income from House property business.
29 September 2009
Answer
1) C.Y business loss set off against income from c.y. HP.
2) B/F Business loss can't setoff but b/f house property loss set off against c.y. income from hp
3)NO
1) C.Y business loss set off against income from c.y. HP.
2) B/F Business loss can't setoff but b/f house property loss set off against c.y. income from hp
3)NO
04 October 2009
Dear sir,
First of all thanks for your quick reply.
If business is temproraly discontinued can we adjust the carry forward depriciation loss from "Income from House Property"?
First of all thanks for your quick reply.
If business is temproraly discontinued can we adjust the carry forward depriciation loss from "Income from House Property"?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- ITR selection for salaries and capital gain less than L
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
