X ltd file its return of loss for the A.Y 2019-20 on 1.12.19. following data is taken from return submitted by the company.
business loss fir p.y 18-19 ( before depreciation) 1,70,000
depreciation 30,000
short term capital loss 45,000
long term capital gain 10,000
income from other source 23,000
unabsorbed depreciation pertaining to A.Y 2017-18 and A.Y 2018-19 which has been determined in pursuance of return filed 75,000
compute the amount of loss that can be carried forward by X ltd.
A. 1,05,000
B. 30,000
C. .2,87,000
D. nill
Add up all numbers and subtract capital gain and other income. It gives 287000₹ and this will be carried forward to be adjusted future profits.
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