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Set-off of Losses
if an entity carries losses of previous years and for current year it want to file return under 44AD. Whether losses can be set off with declared profit
Replies (2)
yes you can set off
Yes... I agreed to Mr Rama Krishnan...
You can be set off your PY losses in CY return u/s 44ad.
You can be set off your PY losses in CY return u/s 44ad.
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