banner_ad

Loss of business or profession

Others 176 views 4 replies
Hello everyone,

If a person want to setup his son new business and invest all the money in his business.
he want to take benefits of loss of his son business . because in the starting year loss incurred.
than what he will does for it.
please reply any possible solution
Replies (4)
Set off of loss is not possible as owner are different
Any why which is possible
Benefits of losses of his son's business is not to be taken by his father as son is responsible to carry forward the losses as he is the owner
It is possible to take benefit of carry forward losses.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details