Menu
carry forward business loss
can I carry forward business loss in the itr even after closure of business??
Replies (4)
Can you explain this one "even after closure of business??"
the client has business for one year and this year there is no business and in this year the loss can be carry forward
Yeah...
Meaning is different for "CLOSURE" and "NO BUSUNESS"...
CLOSURE - Business will be closed (Can't run again that business)
NO BUSINESS - No more outwards supplies or (loss for sale value are less than expenses) - Can be carry Forward the Loss....
Meaning is different for "CLOSURE" and "NO BUSUNESS"...
CLOSURE - Business will be closed (Can't run again that business)
NO BUSINESS - No more outwards supplies or (loss for sale value are less than expenses) - Can be carry Forward the Loss....
there is no business and it is closed
Recent Topics :
Related Topics :
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
08 September 2026
Semi-Qualified Assitant
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
CCI
Pro
CAclubindia
