Can carry forward business depriciation loss be set off against long term Capital Gain on sale of land by Private limited company???
Can carry forward business depriciation loss be set off against long term Capital Gain on sale of land by Private limited company???
No, business losses are not allowed to set off against LTCG
Thank you Sir.
Sir,
Can you please clarify my point i want to know about carry forward business/ depriciation loss
Yes, you can carry forward as business losses.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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