Income includes ‘loss’ and all loss can’t be adjusted against income. The Income-Tax Act, 1961, allows set-off and carry-forward of the loss incurred by any assessee subject to some restrictions.
Here is a quiz to test your knowledge on set off and carry forward losses.
Cilck here to attend Quiz
Please share this if you like it. Offer your comment and let me know which topic you would like to have quiz.
Great Quiz...
Add your email id at https://bit.ly/Z88wki to receive regular quiz updates.
Awsome Quiz.... my score is 5/6.
waiting for more boost up
| Originally posted by : Sakthi Baskaran | ||
 |
Dear Sir, I'm happy that I scored 6 out of 6....a very good quiz.awaiting for more... |
 |
Yes waiting for more such quizes....thanks a lot for sharing.....
Well done keep it up
Chirag N Shah & Associates
Mumbai
CA Inter
View Details
CAclubindia
