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derivative s
for the AY 2014=15 shall the net loss in commodity exchange be set off against business income
Replies (1)
Yes, provided ........
Loss under the head “Profits and gains of business or profession” can be carried forward only if the return of income/loss of the year in which loss is incurred is furnished on or before the due date of furnishing the return, as prescribed under section 139(1).
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