If assessee is claiming derivative loss under capital gain from past 5 years and carry forwarding it .Now during the assessment proceeding AO changed its head to PGBP .
What will happen to my earlier losses that were claimed in the Cap gain . will I be able to set off it against next year's Derivative profit which is now in PGBP..
pls suggest
Menu
Urgent Advice Please
Replies (1)
in current year you can make interhead adjustments but in respect of carried forward losses only intra head adjustments allowed and interhead adjustments
Recent Threads
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
Related Threads
CAclubindia
