Pls give ans for following question for cca examination....
que ) The Assessing Officer issued a notice on December 3, 2006 calling upon an assesses to file the return
for the assessment year 2007-08. In response to the notice assesses furnished a return of laws claiming
the carry forward of:
a).Business Loss; and
b). depreciation
State whether assesses would be entitled to the benefit of carry forward as claimed in the return