Suppose I have Normal business profit of 1 cr
& F&O loss is 1 cr ...how to show both businesses and will it affect ratios?
You can only file your personal and business taxes separately if your company it is a corporation, according to the IRS. A corporation is a business that's seen as an entity separate from its owner(s) that pays its own tax. Corporations file their taxes using Form 1120.
Naveen Fintech Pvt Ltd
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